Crypto heading into the mainstream

Peter Roffman

S&P Dow Jones Indices (S&P DJI) are launching cryptocurrency asset index capabilities alongside Lukka, a leading New York City-based crypto asset software and data company.

The customised indexing and benchmarking solutions will be provided by the world’s biggest stock exchange, supported by Lukka’s proprietary crypto asset pricing data.

This change is a mark of the evolution of the market for cryptocurrency assets in recent years. Investor interest in benchmarking and index-based solutions based on crypto and blockchain assets has grown and reinforced the need for reliable pricing data.

These new cryptocurrency index capabilities will make it easier for investors to access this emerging technology-driven asset class while potentially mitigating some of the common risks associated with this traditionally speculative market. S&P DJI’s well-established index governance and independence can provide diversified exposure from a series of branded and custom indices supported by Lukka’s institutional quality data.