Frankfurt (14 April 2021) – MV Index Solutions GmbH (MVIS®) today announced the licensing ofthe MVISGlobal Digital Assets Equity Index (ticker: MVDAPP) to VanEck for use in a new equity fund to provide investors with pure-play exposure to the innovativecompanies that are powering the digital transformation of the world’s economy. “DAPP”stands for “decentralized applications;” some companies are centralizedsolutions that rely on a decentralized network.
“We are pleasedto licence the MVIS Global Digital Assets Equity Index to VanEck. With thesuccess of our Digital Assets Index suite, we now also provide investors accessto this asset class via stocks. This may include holding companies as well asminers, exchanges and other companies active in the digital assets space,” saidThomas Kettner, COO at MV Index Solutions.
“Thedigitalization of the global economy has been picking up steam for the pastseveral years, and as digital assets1 mature, this has driven the growth ofseveral innovative companies—not only miners of digital assets, but alsodigital asset exchanges, payments, services, storage, e-commerce and muchmore,” said Ed Lopez, Managing Director, Head of ETF Product for VanEck. “Tothis point, however, investors have had to choose among funds that too oftenincluded companies only tangentially involved with digital assets. That issomething we’ve sought to solve with the launch of DAPP, a fund we’re veryexcited to be bringing to market.”
The MVISGlobal Digital Assets Equity Index is a unique pure-play index that aims totrack the performance of the largest and most liquid companies in the global digital assets segment. The Index is weightedby float-adjusted market capitalisation and is calculated in USD as a price anda total return net index. The index is reviewed on a quarterly basis. Detailedinformation about the indices, including methodology details and index data areavailable on the MV Index Solutions website.
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