HashKey Capital Collaborates with FTSE Russell to Launch Three Crypto Indices

London, January 24, 2024 — HashKey Capital, a crypto investment firm, and FTSE Russell, a subsidiary of the London Stock Exchange, have jointly unveiled three new indices aimed at tracking the performance of crypto assets. The collaboration addresses the growing demand from investors seeking to diversify their portfolios beyond traditional cryptocurrencies.

Indices Overview:

1. FTSE Custom Digital Asset Top 20 Index: Tracks the top 20 cryptocurrencies by market capitalization.
2. FTSE Custom Digital Asset Infrastructure Index: Monitors digital assets that form the infrastructure of the crypto industry.
3. FTSE Custom Digital Asset Application Index: Follows crypto assets with specific application functionalities.

Investor Focus:

HashKey, in a statement to The Block, highlighted that these indices cater to investors looking to incorporate crypto exposure into their investment portfolios. Deng Chao, Managing Director of HashKey Capital, emphasized their commitment to providing innovative solutions to meet the evolving needs of clients navigating the complexities of the crypto asset class.

Availability:

Starting January 24, 2024, these indices will be accessible on the FTSE Russell website.

Financial Update:

Last week, HashKey Group, encompassing HashKey Capital and HashKey Exchange, successfully raised nearly $100 million in a Series A financing round. The pre-money valuation surpassed $1.2 billion, reflecting confidence and support from investors.

While the collaboration introduces innovative solutions, investors should remain vigilant in the volatile crypto space. As with any investment, understanding the risks and market dynamics is crucial to making informed decisions.