Goldman, MSCI and Coin Metrics launch digital asset classification system
The partners argue that this will increase transparency into how the market is moving and provide investors, service providers, developers, and researchers a way to help monitor market trends, analyse portfolio risk and returns, and help build new products.
Investment analysis and index firm MSCI is the owner and sole administrator of the system, with Goldman and Coin Metrics on an advisory board that will also include third-party members.Anne Marie Darling, head, marquee client strategy and distribution, Goldman Sachs, says: “Given our commitment to providing developer services, and as a trusted data analytics provider to our institutional clients, creating reliable data services for the emerging digital asset community is a strategic focus and natural extension to our existing business.”
. Read more on finextra.com
