Hedge Token is launching the Cryptocurrency Top 30 Index (CCX30), the first official Crypto Indicies that is based upon investment-grade rulebooks.
[Note: This is a press release]
Hedge Token is launching the first official Crypto Indices, based on professional investment-grade rulebooks like STOXX and the S&P Index suite. The rulebook for the Crypto 30 Index will be publicly introduced in the first week of October at the Blockchain Solutions Forum in Barcelona and the Blockchain for Finance Conference in Dublin.
The introduction of the Crypto Traded Indices Series™ begins on 24th September 2017 – with the prime being The Cryptocurrency Top 30 Index (CCX30).
The CCX30 seeks to represent the overall performance of the 30 largest cryptocurrencies worldwide by market capitalization. Our index-tracking instruments, the Crypto Traded Indices™, will allow traders and investors to easily gain market-wide exposure.
CCX30 captures over 90% of total crypto market capitalization, encompassing currencies from various sectors. By capping the constituents’ weight at 20%, a proper diversification across the market is ensured. The CCX30 is designed to be a comprehensive and reliable tool for all market participants. Next in the pipeline are the uncapped CCX30 MCap, a float-adjusted market capitalization weighted total return index, and the CCX30 EW, a float-adjusted equal weighted index.
Why the Rulebook?
Objectivity and discipline are the main functions of the rulebook. From day one, investors know what they get. A set of well-defined guidelines and an expert index committee to handle extraordinary unforeseeable events, the index is built and maintained in a manner that is reliable, predictable, and comprehensive for all parties.
Incorporated in Zug, Switzerland
Hedge Project is incorporated in Zug, Switzerland, a crypto-friendly destination. This allows the product offering to reach institutional investors, meet legal frameworks, and bolster networks and Hedge Tokens’ reputation in the crypto world. Being at the centre of Crypto Valley, Zug, Switzerland, gives Hedge Token access to key resources, personnel, markets, and technologies.
Investing in Crypto has never been so simple.
Our dedicated team of experts, advisors, legal counsel, and analysts have meticulously studied the average crypto investors’ investment patterns and difficulties. Lack of diversification presents the main difficulty: i.e. a ‘homemade’ crypto portfolio concentrates risk. This is time-consuming, costly, and illiquid in times of uncertainty. Hedge Token has been creating the first buy-the-crypto-market-with-a-single-click instruments, the Crypto Traded Indices™ for investors, speculators, crypto-traders and evangelists.
A real-time, fluid, rulebook-based approach to conventional crypto portfolios is what the maturing crypto market needs. Having Crypto Traded Indices™ on the Hedge Token Platform guarantees liquidity in times of stress, cost-effectiveness, security, compliance with KYC trading standards, and is as easy as email – all at your fingertips.
Strategic Partnerships – RIALTO.AI
RIALTO.AI (XRL), a pioneer in arbitrage and market-making, has partnered with Hedge Token to provide direct access to crypto markets using its proprietary algorithms and competitive edge. Our complementary business models are the basis for mutually-beneficial cooperation, now and in the future.
Images courtesy of Hedge Token