S&P Dow Jones Indices will launch cryptocurrency indices in 2021
The management of S&P Dow Jones Indices (S&P DJI), a division of the US market index provider S&P Global, announced that it will launch 550 cryptocurrency indices in 2021. The data provider will be Lukka, a New York-based digital currency company. S&P DJI’s director of strategic development and innovation, Peter Roffman, said the initiative would make it easier for investors to access cryptocurrencies as an asset class. This can partially reduce the volatility of the…