Indices to underlie the performance of digital assets portfolio
MV Index Solutions GmbH and One River Asset Management in partnership with CryptoCompare announced the licensing of the One River Digital Core Index and the One River Digital Size Tilt Index to One River Digital Asset Management.
“We applied our experience and insights to One River’s cutting-edge concepts and as a result, we believe that ORDCI and ORDST will distinguish themselves in the marketplace”
The indices track the performance of the largest and most liquid digital assets, weighed by market capitalization, that fulfil the fundamental and market eligibility criteria.
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“We are proud and excited to launch these innovative digital asset indexes in partnership with One River,” said Steven Schoenfeld, CEO at MV Index Solutions. “We applied our experience and insights to One River’s cutting-edge concepts and as a result, we believe that ORDCI and ORDST will distinguish themselves in the marketplace,” he continued.
“Investors are overwhelmed by choice and the speed of change in the digital ecosystem. Creating dynamic indices give our clients a benchmark that previously didn’t exist,” said Eric Peters, CEO and CIO of One River.
“MVIS was a great partner for us as we researched and designed the One River Digital Core and One River Digital Size Tilt Indices. Their robust processes and experienced team ensure the highest level of care and integrity will be taken in maintaining the indices going forward,” said Paul Ebner, Portfolio Manager and Researcher for Systematic Digital Strategies.
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“CryptoCompare is excited to expand the availability of its high-quality, institutional-grade digital asset products, in partnership with MVIS and One River Asset Management. The ORDCI and ORDST are noteworthy additions to our market-leading suite of MVIS CryptoCompare Indices and offer investors streamlined exposure to a selection of the largest digital assets,” said Charles Hayter, CEO and Co-Founder of CryptoCompare.
The One River Digital Core Index (ticker: ORDCI) and the One River Digital Size Tilt Index (ticker: ORDST) are rules-based indices that cover the CCCAGG pricing provided by CryptoCompare. The indices are calculated in USD as price return indices. Capping factors are applied to avoid overweighting of single index components. Detailed information about the index, including methodology details and index data, is available on the MV Index Solutions website.
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