Nasdaq, Bloomberg and Reuters will start displaying coinmarketcap cryptocurrency indices

On Wednesday, March 20, the NASDAQ Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Stuttgart stock exchange platforms launch two benchmark cryptocurrency indices from the leading market data provider CoinMarketCap. It is reported by CoinDesk.

The CMC Crypto 200 Index (CMC200) covers the top 200 digital assets by market capitalization (over 90% of the global crypto market). The second index – CMC 200 BTC Crypto ex Index (CMC200EX) – allows you to monitor the behavior of the market without regard to bitcoin, which occupies more than 50% of the capitalization segment.

Administration and quarterly rebalancing both tools will deal with the German provider of financial indices Solactive.

According to Fabian Colin, sales Director of Solactive, cooperation with CoinMarketCap will allow his company to develop individual indices for its customers.

Earlier this week, CoinMarketCap added support for the rating system of the Fundamental Crypto Asset Score from the startup Flipside Crypto.