Frankfurt (30 June 2021) –MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the global leader in digital asset data, today announced the launch of the MVIS CryptoCompare Solana VWAP Close Index (ticker: MVSOLV), MVIS CryptoCompare Polkadot VWAP Close Index (ticker: MVDOTV) and the MVIS CryptoCompare TRON VWAP Close Index (ticker: MVTRXV).

The three indices are designed to measure the performance of the respective digital assets - Solana, Polkadot and TRON, with a closing value based on an hourly Volume Weighted Average Price (VWAP).

"MVIS is happy to launch these additional indices based on our VWAP methodology. They are a complement to our respective Bitcoin and Ethereum indices already underlying ETNs traded in Europe," said Thomas Kettner, COO of MV Index Solutions.

“We are delighted to provide market participants with three more transparent benchmarks that measure the performance of some of the most popular digital assets. These new additions to the MVIS CryptoCompare index family further address the growing demand for regulated digital asset investment products,” said Charles Hayter, CEO and Co-Founder of CryptoCompare.

The MVIS CryptoCompare Solana VWAP Close Index (ticker: MVSOLV), MVIS CryptoCompare Polkadot VWAP Close Index (ticker: MVDOTV) and the MVIS CryptoCompare TRON VWAP Close Index (ticker: MVTRXV) are rules-based indices which cover the broadest CCCAGG pricing provided by CryptoCompare, calculated in USD as price return indices. 

Detailed information about the Indices, including methodology details and index data, is available on the MV Index Solutions website.

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