Frankfurt (16 December 2020) – Today, MV Index Solutions GmbH(MVIS®) in cooperation with Weiss Crypto Ratings, the only financial ratingsagency that provides a combination of five critical advantages for users and inpartnership with CryptoCompare, the global leader in digital assetdata, announced the launch of the Weiss MVIS Top Tech Adoption Rating Index(ticker: MVWTAR).
The Weiss MVIS Top Tech Adoption Rating Index (ticker: MVWTAR) is designed to track the performance of thelargest digital assets, which have a top tech adoption rating by Weiss RatingsLLC. All digital assets with a Weiss Tech Adoption Rating of B- or better qualifyfor the index.
“We are proud to cooperate with Weiss to incorporate their industry-leading digital assetrating methodology into a unique new index. The index aims to include digitalassets with high quality underlying technology and a high rate of adoption.With this index we are moving the industry into factor-based digital assetportfolio construction,” said Steven Schoenfeld, CEO of MV IndexSolutions.
The Weiss MVIS Top Tech Adoption RatingIndex (ticker: MVWTAR) iscalculated in USD with fixed exchange rates and rebalances on a monthly basis. The weightingsare capped at 50%.
Detailed information about the Index, including methodology details and index data, areavailable on the MV Index Solutions website.
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