Coinspeaker
Firm behind FTSE 100 Launches Crypto Index Series
FTSE Russel, the firm that launched the London Stock Exchange‘s measure FTSE 100 equity index, has revealed a bunch of standards for the crypto asset market.
The FTSE Global Digital Asset Index Series includes eight gauges from large and mid-cap assets to micro-cap. According to a statement from FTSE Russel, the indices, built with Digital Asset Research will supervise information from hundreds of exchanges to represent the investable paradigm. The firm revealed a scheme to offer a crypto index in December when it launched the evolution of one covering forty-three virtual assets.
Development and adoption of the crypto space in the past years have prompted the expansion of mechanisms that assess the credibility of virtual tokens, including Bloomberg Indices, S&P Cryptocurrency Indices, and CoinDesk’s own range of market indices. The inclusion of the gauges will allow them to demonstrate if the desire for virtual asset
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