Block Insider
  • News
  • Market Analysis
  • InsightsSoon
  • EnglishEnglish
    • PortuguêsPortuguês
  • Login
No Result
View All Result
Saturday, June 25, 2022
ADVERTISE
SUBSCRIBE
  • News
  • Market Analysis
  • InsightsSoon
No Result
View All Result
Block Insider
No Result
View All Result
Home News

Bloomberg Partners with Galaxy Digital Again for DeFi Index

Nicholas Say by Nicholas Say
August 23, 2021
Reading Time:2 mins read
Bloomberg Partners with Galaxy Digital Again for DeFi Index
TelegramTwitterRedditWhatsapp

Via an official press release, Bloomberg has announced it will partner once again with Galaxy Digital to launch the Bloomberg Galaxy DeFi Index (DEFI).

RELATED POSTS

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine

Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

In addition, the global company also informed that the Galaxy DeFi Index Fund, a passively managed fund tracking the performance of DEFI, was available on Galaxy Digital’s funds platform and Galaxy Fund Management.

The Partnership is Great for Galaxy

The Bloomberg Galaxy DeFi Index is designed to measure the performance of the largest DeFi protocols by market value that offer financial services without a central financial intermediary like banks, brokerages, or exchanges.

In addition to being owned by Bloomberg Index Services Limited, it is also branded with Galaxy.

The new index will be responsible for tracking a list of nine DeFi tokens, including Uniswap (UNI), Aave (AAVE), Maker (MKR), Compound (COMP), 0x (ZXR), UMA (UMA), Yearn.Finance (YFI), Synthetix (SNX), and SushiSwap (SUSHI).

The Bloomberg-Galaxy Crypto Indices

Advertise
ADVERTISEMENT

The latest launch of the DeFi index is also the addition to the growing list of the Bloomberg-Galaxy family of Indices.

In 2018, the partnership of Bloomberg and Galaxy introduced the Bloomberg-Galaxy Crypto Indices with the Bloomberg-Galaxy Crypto Index (BGCI, a market capitalization-weighted index that measures the performance of the largest digital assets traded in USD.

Later, both companies launched the Bitcoin (BTC) and Ethereum (ETH) Indices, designed to measure the performance of a single bitcoin or Ether traded in USD.

Massive Media

Bloomberg is a global company involved in business and financial information, as well as news. It connects people with a dynamic network of information, people, and ideas.

By taking advantage of technology, the company offers customers abilities to access, integrate, distribute, as well as manage data and information across organizations more efficiently and effectively.

Galaxy Digital is a company that provides investment management and financial services related to cryptocurrency, blockchain, and digital assets.

Through institutional-grade investment vehicles, its platform Galaxy Fund Management offers

ShareTweetShareSend
Nicholas Say

Nicholas Say

Nicholas Say is a writer, visual artist, and lover of thought. He has written extensively on cryptocurrencies (Blockonomi, Coinjournal), and sees them as a way for people to come together globally.

Related Posts

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency
News

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

March 10, 2022
Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine
News

Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine

March 2, 2022
ByTask Force Pushes Biden Administration to Tighten Cryptocurrency Regulation
News

Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

February 24, 2022
News

Buffett’s Company Invests in Crypto-Focused Bank while MasterCard will Offer Crypto & NFT Services

February 18, 2022
News

New Crypto Coalition Stepped in Amidst a Dramatic Tuesday Comeback of Crypto Pricings

February 11, 2022
Facebook Decides to Retreat from Its Banishment on Cryptocurrency Advertisements
News

Facebook’s Dream of Its Global Cryptocurrency Comes to an Official End

February 3, 2022
Next Post
Ethereum Classic, Monero Price Analysis – 20 August

Ethereum Classic, Monero Price Analysis – 20 August

Tezos Selected To Enable Smart Contracts For Leading European Banks

Tezos Selected To Enable Smart Contracts For Leading European Banks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

The Graph, Waves Price Analysis – 18 August

The Graph, Waves Price Analysis – 18 August

August 18, 2021
Bitcoin, Stellar, Price Analysis – 30 August

Bitcoin, Stellar, Price Analysis – 30 August

August 30, 2021

MoneyGram Gives Crypto Another Try With Bitcoin ATM firm Coinme

May 14, 2021

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
Block Insider

A financial portal covering Blockchain News, Crypto Insights and Market Analysis.

Recent Posts

  • Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency
  • Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine
  • Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

Categories

  • Market Analysis
  • News
  • Press Release

© 2022 Block Insider

No Result
View All Result
  • News
  • Market Analysis
  • EnglishEnglish
  • PortuguêsPortuguês

© 2022 Block Insider

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?