Nasdaq, Bloomberg And Reuters Are Displaying Cryptocurrency CoinMarketCap Indices
CoinMarketCap, a leading cryptocurrency analytics service, announced the launch of two cryptocurrency-oriented indices which is managed by the German supplier of indices Solactive.
According to official blog of Coinmarketcap, the company has launched two cryptocurrency indexes for the platforms NASDAQ GIDS, Bloomberg Terminals, Thomson Reuters Eikon [Refinitiv] and Börse Stuttgart. It is assumed that the indices are the most complete in the current market scenario with coverage of the 200 largest cryptocurrencies in terms of market capitalization.
@CoinMarketCap launches 2 #cryptocurrency #indices today on NASDAQ GIDS, Bloomberg, TR Refinitiv and Börse Stuttgart. It covers Top 200 crypto and is the most comprehensive #index to date. We're excited to bring crypto data to the wider financial market!https://t.co/QHXzg9KLox
— CoinMarketCap (@CoinMarketCap) March 20, 2019
“These indices will promote greater accessibility to cryptocurrency data in an easier-to-digest format. In partnership with Solactive, our chosen index administrator, we hope these professionally-calculated indices will serve to expand the reach of cryptocurrencies into the larger financial markets.”said Brandon Chez, CEO of CoinMarketCap.
The key CMC Crypto 200 Index [CMC 200] will include bitcoin with coverage of up to 90% of the total cryptocurrency market. Another index, CMC 200 EX, was created to track the overall market performance without Bitcoin, which, at the time of publication, accounts for about 50% of the total market capitalization.
The index will be reviewed every 4 months. These indices will also be presented on the CoinMarketCap website, which is the most visited service in all cryptospace.