Bitcoin arrives on Wall Street: S&P Dow Jones launching crypto indexes in 2021
In the latest big move by traditional finance to incorporate crypto, 550 coins will appear in the new indexes starting next year. S&P Dow Jones Indices — a joint venture between S&P Global, the CME Group and News Corp — will debut cryptocurrency indexes in 2021, it has confirmed.In a press release on Thursday, S&P DJI describes Bitcoin (BTC) and altcoins as an “emerging asset class.”Bitcoin and altcoins hit Wall Street financeThe firm will partner with Lukka, a U.S. blockchain data provider, to launch the indexes, which will cover a reported 550 cryptocurrencies."With digital assets such....
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S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially on December 3, 2020, such indexes will measure the performance of over 550 top traded crypto by market cap, including bitcoin, and they will use data from the New York-based company Lukka. According to the statement issued by both companies, S&P’s clients could create customized indexes, among other....
Financial data provider S&P Dow Jones Indices is launching a crypto asset index in 2021.
S&P Dow Jones Indices launched five new cryptocurrency indexes on Tuesday, marking the company’s first significant expansion of its digital asset benchmarking tools since entering the market in May. S&P Dow Jones Launch New Indexes The world’s largest index provider, S&P Dow Jones Indices, announced the launch of five new cryptocurrency indices on Tuesday. In […]
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"We have every millennial that works for us thinks we should have a major pricing, data services, software and participation," said CEO Lance Uggla.