HashKey Capital and FTSE Russell (a brand of the London Stock Exchange Group) jointly launched a series of digital asset indices to facilitate investors to understand the data changes in the digital asset market in real time. These indices are specially designed for investors who are committed to seizing the growth opportunities of cryptocurrencies to meet their diverse investment needs.
The cooperation between HashKey Capital and FTSE Russell is to combine HashKey Capital's expertise in the cryptocurrency industry with FTSE Russell's outstanding capabilities in index management, compilation, and risk control to meet the institutional needs for the investability and regulatory integrity of this new asset class, and provide a reference standard for asset transactions and trading platforms.
The three indices are:
FTSE Russell Digital Asset 20 Index: Tracks the top 20 crypto assets by market capitalization. Currently, this index accurately reflects at least 90% of the overall performance of the digital asset market, providing traders with a more diversified reference benchmark for the digital asset market.
FTSE Russell Digital Asset Infrastructure Index: Tracks digital assets that form the infrastructure layer of the crypto ecosystem. Its targets generally include smart contract platforms, protocol interoperability, and distributed computing and storage.
FTSE Russell Digital Asset Application Index: Tracks application-layer digital assets in the digital asset ecosystem. Such assets are often associated with staking tools and DeFi (decentralized finance).
The uniqueness of these indices lies in their clear coverage of niche tracks: traders can track not only a single asset, but also a comprehensive portfolio of assets in a series of niche digital asset tracks. With professional and diversified cutting-edge perspectives, traders will keep up with the daily performance of the digital asset market while maintaining a comprehensive understanding of long-term trends.
Mr. Deng Chao, Managing Director of HashKey Capital, said that the launch of the new index marks a turning point in the digital asset market: "We have witnessed a surge in demand for diversified portfolios among investors, and the vast majority of institutions are also paying attention to new growth opportunities beyond mainstream cryptocurrencies. The new index we launched with FTSE Russell aims to actively meet customer needs and provide innovative digital asset management solutions to help customers gain a deeper understanding of and effectively respond to the diversity and complexity of this rapidly developing asset class."
From January 1, these indices will be available for query on the official website of FTSE Russell, and are planned to be open to the public through mainstream data service platforms such as Bloomberg, Factset, London Stock Exchange Data and Analysis, Morningstar and S&P Capital IQ in the future.
Chris Williamson, Head of Asia Pacific Index at FTSE Russell, said of the collaboration with HashKey Capital: “We are excited to work with HashKey Capital to develop these new custom indices. These indices follow our rigorous index compilation and risk control processes and are designed to provide data standards for asset trading and exchanges to meet the institutional demand for investability and regulatory integrity in new asset classes.”
About HashKey Capital
HashKey Capital is an institutional-level asset management company focusing on digital assets and the blockchain industry. It features digital native and global layout, and is committed to helping traditional institutions, Web3 founders and top talents seize high-growth opportunities in the blockchain industry. As one of the most influential and largest crypto funds in the world, and one of the earliest institutional investors in Ethereum, HashKey Capital has managed more than $10 billion in assets since its establishment, and has invested in more than 500 projects from multiple fields such as infrastructure, tools, and applications. With a deep understanding of the global blockchain industry, the HashKey team has built an ecosystem that connects entrepreneurs, investors, developers, community participants, and regulators.
About FTSE Russell
FTSE Russell is a global leader in the index industry, providing innovative benchmark, analytical and data solutions to investors around the world. FTSE Russell calculates thousands of indices to measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the world's investable markets.
FTSE Russell index expertise and products are widely used by institutional and retail investors around the world. Approximately $20 trillion of assets are benchmarked to FTSE Russell indexes. For more than 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes as a benchmark for their investment performance and to create ETFs, structured products and index-based derivatives.
FTSE Russell uses a core set of universal principles to guide the design and management of its indices. This is a transparent, rules-based approach provided by an independent committee of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and management and adheres to the IOSCO principles. FTSE Russell is also committed to increasing the breadth and depth of its index product offering, focusing on index innovation and enhancing client partnerships. FTSE Russell is wholly owned by the London Stock Exchange Group.