Advertisement
AD

Main navigation

S&P Dow Jones Indices to Release Crypto Indexes in 2021

Advertisement
Thu, 3/12/2020 - 14:11
S&P Dow Jones Indices to Release Crypto Indexes in 2021
Cover image via stock.adobe.com
Read U.TODAY on
Google News

In a recent article, Reuters reported that S&P Dow Jones Indices plans to launch indexes based on the performance of more than 550 top-of-the-line digital currencies, including Bitcoin.

Advertisement

The indexes will be launched with help from cryptocurrency company Lukka headquartered in New York.

This will be the most recent financial giant to enter the crypto industry.

Related

Customized crypto indices for S&P clients

S&P Dow Jones Indices will enable its customers to make customized indexes, as well as other benchmarking tools based on crypto, according to a statement by Lukka and S&P.

The two companies intend to provide more pricing data to investors so that they can seamlessly work with the new type of assets and face fewer risks on these volatile and speculative markets.

Global head of innovation and strategy at S&P, Peter Roffman, believes that, now that the crypto industry has matured enough, it is time to offer reliable and user-friendly tools to its market participants.

The entrance of S&P Dow Jones Indices could ensure that crypto will take a step closer to becoming mainstream assets.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD