- WealthAgile and CoinDesk Indices Partnership
- Significance of the CoinDesk 20 Index
- Market Reaction to CoinDesk 20
WealthAgile announced a partnership with CoinDesk Indices to add the CoinDesk 20 Index to its platform. The index has already attracted significant interest among institutional market participants and is now available to the general public.
WealthAgile and CoinDesk Indices Partnership
WealthAgile, a company that provides simplified solutions for crypto investing, collaborates with CoinDesk Indices, a long-standing leader in the digital asset space. The main goal of this partnership is to provide the CoinDesk 20 Index on the WealthAgile platform, significantly expanding investment opportunities.
Significance of the CoinDesk 20 Index
The CoinDesk 20 Index, launched in January 2024, aims to meet the growing demand from investors for more diverse portfolios. It tracks the performance of major digital assets, ensuring diversification through a market capitalization-weighted methodology. The index has already been adopted by leading market makers.
Market Reaction to CoinDesk 20
Following the index launch earlier this year, the Bullish platform introduced the first perpetual futures contracts on the index, attracting significant institutional interest. Since launch, the trading volume of perpetual futures has amounted to approximately $7.5 billion.
The partnership between WealthAgile and CoinDesk Indices opens new opportunities for investors, providing access to diversified digital asset portfolios and contributing to the market growth.
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