Grayscale Investments, a crypto asset management company, is venturing into the crypto indices business together with the London-based indices provider FTSE Russell, a London Stock Exchange subsidiary.

They will join forces to offer crypto-curious investors a product called Crypto Sector Index Series, the firms announced Tuesday morning. It will include several indices tracking the prices of various buckets of digital assets according to their use cases.

The groups will include: cryptocurrencies that serve as a medium of exchange of store of value (like bitcoin, litecoin), smart contract projects (like ether, solana, polygon), tokens representing financial services (uniswap, compound, curve), coins representing art, gaming and media assets (NFT projects) and projects oriented on …