Launch of iEdge CoinDesk Cryptocurrency Indices by CoinDesk Indices and SGX Indices

CoinDesk Indices, in collaboration with SGX Indices, has announced the introduction of the iEdge CoinDesk Cryptocurrency Indices. This suite of regulated digital asset benchmarks is designed to provide institutional market participants with robust and transparent data infrastructure. The new indices include real-time benchmarks and reference rates for Bitcoin and Ethereum, compliant with EU Benchmarks Regulation. These indices are constructed based on pricing data from a universe of crypto exchanges that meet liquidity and governance standards. By utilizing widely traded digital assets and reliable price sources, the iEdge CoinDesk Cryptocurrency Indices offer robust, institutional-grade benchmarks for accurate performance tracking, product structuring, and portfolio allocation. According to Andy Baehr, CFA, Head of Product and Research at CoinDesk Indices, "The creation of institutional-grade benchmarks that meet rigorous regulatory standards provides a trusted foundation for financial professionals to confidently participate in the digital asset ecosystem." Mohit Baheti, Head of iEdge Indices at SGX Group, added, "The launch of these indices supports the development of institutional tools for digital assets, addressing the need for reliable pricing and transparent methodologies." The iEdge CoinDesk Bitcoin Reference Rate Index and iEdge CoinDesk Ethereum Reference Rate Index provide a volume-weighted price of each digital asset in USD, published daily at 4PM SGT. The iEdge CoinDesk Bitcoin Real Time Index and iEdge CoinDesk Ethereum Real Time Index offer a tradable price of each digital asset in USD, published every second, 24 hours a day. These indices are designed for institutional applications and are not intended for direct retail investment. For more information, please visit SGX Index Edge.