Zerocap Introduces Customizable Crypto Investment Solution Tied to CoinDesk 20 Index in Australia
HONG KONG - Zerocap, a prominent Australian market maker for digital assets, has collaborated with CoinDesk Indices to launch the country's first options-based structured products linked to the CoinDesk 20 Index (CD20), as announced at Consensus Hong Kong. This strategic partnership brings complex and bespoke investment strategies, commonly found in traditional financial markets, to the cryptocurrency sector, marking a significant milestone. It allows institutions and sophisticated investors to manage risk while gaining diversified exposure to digital assets beyond bitcoin and ether, with added benefits such as protection against losses, volatility management, and yield enhancement. The introduction of this new product reflects the growing demand for institutional-grade, scalable, and diversified cryptocurrency solutions, following the successful launch of spot ETFs in the US last year. The CoinDesk 20 Index, which has seen a 456% increase over the past five years, offers a diversified alternative to the standard 70/30 portfolio split between bitcoin and ether, providing broader exposure to other prominent crypto assets. "Our partnership with CoinDesk Indices brings sophisticated, structured options to the crypto market, providing our clients with enhanced investment opportunities in digital assets, complete with customized risk management and diversification benefits," stated Mark Hiriart, Head of Sales at Zerocap. According to Alan Campbell, President of CoinDesk Indices, the CD20 Index meets the increasing demand for diversified digital asset exposure, and Zerocap's decision to introduce structured products tied to the index represents a major step forward in catering to a global client base.