Cryptocurrency

MSCI introduces digital assets classification system in partnership with Goldman Sachs, CoinMetrics

Critical decision-making investment support tool provider MSCI, crypto intelligence firm CoinMetrics, and Goldman Sachs have jointly deployed a digital asset data system to track token use cases, performance, and risk management. according to Announced on November 3rd.

A new data system, “Datonomy,” organizes tokens into classes, sectors, and subsectors based on token use cases to paint a coherent view of the digital asset market. Investors can also leverage data systems to manage risk and investments.

Additionally, users will use the data system to support analytics and research, benchmark performance, evaluate emerging opportunities, and manage investment portfolios and investment products across DeFi, crypto, metaverse, and smart contract platforms. I can do it.

The data system is either subscription-based or accessible through Marquee, Goldman Sach’s digital storefront for institutional investors.

digital asset index

Datonomy enhances transparency and facilitates investment decisions based on MSCI’s Digital Asset Index. MSCI’s Digital Asset Index aims to track the performance of the largest digital assets. This applies not only to digital assets that are measured by full market capitalization, but also digital assets that are built on blockchain or associated with technology platforms. Supports smart contracts. These do not include stablecoins.

A blend of digital asset investment products and trading services for institutional investors, Menai Financial Group (Menai), and a single digital asset index offered by index provider Compass Financial Technologies will also be featured on Datanomy.

The MSCI Global Digital Asset ex Proof-of-work Index aims to provide an overview of the performance of tokens not built on the Proof-of-Work consensus mechanism.

The MSCI Global Digital Asset Smart Contract Index tracks the performance of digital assets associated with technology platforms that support smart contracts.

The new data system was introduced at a time when the digital asset market was evolving rapidly. This is happening in tandem with investor demand for tools and solutions to navigate new asset classes, said Stephan Matia. MSCI.

MSCI is the custodian and owner of the new system, with Goldman Sachs and Coinmetrics serving as members of the Datonomy Advisory Board and third-party data providers to be announced later.

Posted In: Partnerships, Technology

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