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MSCI Is Considering Launching Crypto Indexes: Report
The index publisher’s CEO said he has spoken to experts and didn’t give a timeframe for a decision.
MSCI, publisher of some of the world’s most widely used benchmark indexes, said it is considering introducing gauges for cryptocurrency assets.
STORY CONTINUES BELOW
- Speaking at an event hosted on the social media platform Clubhouse and organized by Andreessen Horowitz earlier this week, CEO Henry Fernandez said MSCI has been talking to experts and is looking into launching crypto indexes, according to a Reuters report.
- Fernandez did not provide details or a timeline.
- MSCI adding a way to measure the performance of crypto assets would be another step toward widespread acceptance of digital currencies.
- In May, S&P Dow Jones Indices launched its cryptocurrency indexes: S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index.
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
