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Toronto, Canada, September 19th, 2024, Chainwire – The CoinDesk 20 has been adopted by institutions globally, trading over $7.5 billion in perpetual futures volume since January 2024
WealthAgile, a smart, crypto-made-easy company, today announced a collaboration with CoinDesk Indices, a leading provider of digital asset indices since 2014, to add the CoinDesk 20 Index to their platform. The CoinDesk 20 has attracted unprecedented interest among institutional market participants and is now available for mainstream access.
Launched this year, WealthAgile is transforming crypto investing for both US and global investors with its Crypto Index Marketplace and Portfolio Protection System. The platform offers several key benefits including access to diverse investment options, 24/7 availability, enhanced portfolio protection and expert leadership.
“WealthAgile’s platform is designed to provide comprehensive, secure, and accessible investment solutions for both novice and experienced investors,” says Timothy Burgess, CFA, Founder & CEO of Wealthagile. “We are thrilled to introduce the CoinDesk 20 to our platform users as a way to obtain diverse and broadened exposure to the crypto asset class.”
Launched in January 2024, the CoinDesk 20 Index addresses the growing demand from investors and traders for more diverse portfolio options beyond bitcoin and ether. CoinDesk 20 tracks the performance of top digital assets, applying a capped market capitalization weighted methodology to ensure diversification. Designed for scalability, the CoinDesk 20 Index has already been adopted by leading market making firms.
“The marketplace needs a diversified benchmark for analysis and financial products. We are delighted CoinDesk 20 has generated so much liquidity at the institutional level,” said Alan Campbell, President of CoinDesk Indices. “We are excited WealthAgile is now enabling access to CoinDesk 20 to the general public through its platform.”
Following CoinDesk 20’s launch earlier this year, Bullish—the fastest-growing regulated digital asset exchange—launched a new perpetual futures (perp) contract on the index, marking an industry first. The CoinDesk 20 perp has attracted substantial institutional interest, driving a trading volume of approximately $7.5 billion since launch.
For more information on WealthAgile and to access the CoinDesk 20 Index please visit: wealthagile.com.
To learn more about the CoinDesk 20 Index, users can visit coindesk.com/indices/coindesk20.
About WealthAgile Inc.
Founded in 2020, WealthAgile operates a three-sided marketplace that connects Exchange Partners, Crypto Index Partners, and Retail Crypto Investors. Their goal is to establish the premier Marketplace for Crypto Indexes by forming strong partnerships with the most reputable, secure exchanges, collaborating with leading Crypto Index providers to offer diversified and professionally managed portfolios, and providing retail investors with seamless access to their platform. This user-focused approach ensures an exceptional experience, meeting diverse investment needs with the highest standards of safety and reliability.
For more information, please visit wealthagile.com
WealthAgile Disclaimer:
WealthAgile Inc., a corporation existing under the laws of Canada (“WealthAgile”) is not responsible for how users utilize WealthAgile’s products. The terms and conditions for the use of WealthAgile’s products are available on WealthAgile’s website. WealthAgile is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any of the products offered on WealthAgile’s website. WealthAgile does not act as a fiduciary. WealthAgile is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of its products.
About CoinDesk Indices
Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A portfolio company of the Bullish group, our indices form the foundation of the world’s largest digital asset products. Known for their precision and compliance, flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner. Users can discover more at coindeskmarkets.com.
Contacts
For media inquiries, please contact:
Emma Martin, Allison Worldwide: [email protected]
CoinDesk Indices Disclaimer:
CoinDesk is a portfolio company of the Bullish group. CoinDesk Indices, Inc. (“CDI”) does not sponsor, endorse, sell, promote or manage any investment offered by any third party that seeks to provide an investment return based on the performance of any index. CDI is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any CDI index. CDI does not act as a fiduciary. A decision to invest in any asset linked to a CDI index should not be made in reliance on any of the statements set forth in this document or elsewhere by CDI. All content contained or used in any CDI index (the “Content”) is owned by CDI and/or its third-party data providers and licensors, unless stated otherwise by CDI. CDI does not guarantee the accuracy, completeness, timeliness, adequacy, validity or availability of any of the Content. CDI is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of the Content. CDI does not assume any obligation to update the Content following publication in any form or format. © 2024 CoinDesk Indices, Inc. All rights reserved.
Contact
CEO
Tim Burgess
WealthAgile
[email protected]