S&P Dow Jones Indices, a significant monetary knowledge supplier, mentioned Thursday it can launch a customizable cryptocurrency indexing servi
S&P Dow Jones Indices, a significant monetary knowledge supplier, mentioned Thursday it can launch a customizable cryptocurrency indexing service in partnership with crypto tax service Lukka in 2021
The approaching product will possible turn into Wall Road’s go-to hub for cryptocurrency pricing knowledge at a time when extra traders than ever are looking. This yr’s bull run is alleged to be pushed by establishments angling for publicity to bitcoin.
“With digital belongings similar to cryptocurrencies changing into a quickly rising asset class, the time is correct for impartial, dependable and user-friendly benchmarks,” mentioned Peter Roffman, international head of innovation and technique at S&P Dow Jones Indices.
Surging investor curiosity “strengthened the necessity for dependable pricing knowledge,” S&P DJI mentioned in a press launch.
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