Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

Seeking Alpha 2022-11-29 17:42:32

FTSE Russell unveils its first series of gauges for digital asset market

Global index provider FTSE Russell has introduced its first series of gauges for the digital asset market in an effort to increase transparency in the emerging space, according to a release dated Tuesday. The so-called FTSE Global Digital Asset Index Series, developed with Digital Asset Research, is comprised of eight indices ranging from micro to large-cap assets. The measures monitor data around the clock and hundreds of exchanges. The launch represents "our digital asset capability, as transparency in this asset class becomes more important than ever," said Arne Staal, CEO of FTSE Russell, a subsidiary of London Stock Exchange Group ( OTCPK:LDNXF ) ( OTCPK:LNSTY ). A number of firms have been working to provide digital asset investors a standardized way to monitor the market given increased interest over the last few years. For example, Goldman Sachs ( GS ) teamed up with MSCI ( MSCI ) and Coin Metrics to roll out a digital asset classification system .

freebitcoin
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.