Frankfurt (8 March 2021) – MV Index Solutions GmbH (MVIS®) today announced the launch of the MVIS Global Digital Assets Equity Index (ticker: MVDAPP). The modified market cap-weighted index isa global index that aims to track the performance of the largest and mostliquid companies in the global digital assets segment.
The MVIS Global Digital Assets Equity Index’s unique pure-play approach includes companies with at least 50% of theirrevenues from digital assets projects or projects that have the potential togenerate at least 50% of their revenues from the digital assets industry whendeveloped. These companies may include companies that operate digital assetexchanges, payment gateways, mining operations, software services, equipmentand technology or services to the digital assets industry, as well as digitalasset infrastructure businesses or companies facilitating commerce with theuse of digital assets. The MVIS Global Digital Assets Equity Index (ticker:MVDAPP) covers at least 90% of the investable universe, and may includenon-pure-play companies as defined in the rules.
“With the success of our Digital Assets Index suite, we now also provideinvestors access to this asset class via stocks. This may include holdingcompanies as well as miners, exchanges and other companies active in thedigital assets space,” said Thomas Kettner, COO at MV Index Solutions.
The MVIS Global Digital Assets Equity Index(ticker: MVDAPP) isweighted by float-adjusted market capitalisation and is calculated in USD as aprice and a total return net index. The index is reviewed on a quarterly basis.Detailed information about the indices, including methodology details and indexdata are available on the MV Index Solutions website.Press Release:
English
Get the latest news & insights from MarketVector
Get the newsletterRelated:
