Goldman, MSCI, Coin Metrics to launch digital asset classification system in new pact
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In an effort to offer digital asset market contributors a standardized solution to monitor the rising area, Goldman Sachs (NYSE:GS) has teamed up with MSCI (NYSE:MSCI) and Coin Metrics to introduce a brand new digital asset classification system, known as datonomy, based on a launch dated Thursday.
datonomy will permit customers to trace developments throughout an array of digital asset-related industries like sensible contract platforms and decentralized finance (DeFi), in addition to display belongings by a spread of assorted filters primarily based on their funding aims.
Word that MSCI (MSCI) is the proprietor and sole administrator of datonomy, which in the end seeks to higher outline market contributors’ threat profiles throughout the digital asset ecosystem.
“The collaboration brings collectively MSCI’s experience in vital resolution assist instruments and companies, Coin Metrics’ intelligence within the digital belongings area, and Goldman Sachs’ modern platforms paired with over 150 years of expertise in monetary markets to assist remedy this drawback for shoppers,” mentioned Anne Marie Darling, head of Marquee Consumer Technique and Distribution at Goldman Sachs.
The transfer provides to Goldman (GS) and MSCI’s (MSCI) rising involvement in digital asset-focused choices and alerts additional acceptance of digital belongings as an asset class. Over a yr in the past, MSCI explored launching cryptocurrency indexes, and Goldman extra not too long ago deliberate to supply over-the-counter ethereum (ETH-USD) choices buying and selling.
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