In a continued effort to equip investors with real-time, relevant data, HashKey Capital and FTSE Russell, an LSEG business, have introduced a suite of digital asset indices designed for investors seeking to add exposure to cryptocurrencies in their investment strategies.

The collaboration leverages HashKey Capital’s crypto industry expertise and FTSE Russell’s renowned index management, rigorous vetting and monitoring process; setting standards for asset and exchange inclusion to meet institutional demand for investability and regulatory integrity in this new asset class, the duo said in a statement on Wednesday.

It is noted that the FTSE Custom Digital Asset Top 20 Index tracks the top 20 crypto assets based on market capitalization.

Currently, this marquee index accurately reflects at least 90 percent of the overall performance of the digital asset market, to give traders a diversified benchmark of digital asset performance.

It is also noted that the FTSE Custom Digital Asset Infrastructure Index tracks digital assets that make up the infrastructure layer of the crypto ecosystem.

These functionalities typically include smart contract platforms, protocol interoperability, and distributed computation and storage.

Meanwhile, the FTSE Custom Digital Asset Application Index tracks digital assets with application functionalities across the digital asset ecosystem.

These assets are typically associated with staking instruments and decentralized finance.

According to the statement, what sets these indices apart is their specificity: traders can track not just a single asset but a basket of assets that align with more nuanced investment strategies across different digital asset segments and market capitalizations.

With that nuanced perspective, traders can stay close to daily market performance while also maintaining a holistic view of longer-term trends.

The launch of these new indices marks a pivotal moment in the digital asset market, according to Deng Chao, Managing Director of HashKey Capital.

“We have witnessed a significant surge in demand from investors who want to diversify their portfolios beyond the established cryptocurrencies, and our new indices are a testament to our commitment to providing innovative solutions that cater to the evolving needs of our clients, who look to us to navigate and understand the complexities of this robust and thriving asset class,” he said.

According to the statement, the indices will be accessible on the FTSE Russell website starting on Wednesday (January 24), with plans for future availability through data providers such as Bloomberg, Factset, LSEG Data & Analytics, Morningstar and S&P Capital IQ.

“We are excited to have collaborated with HashKey Capital in the development of these new custom indices,

“The indices start with our rigorous vetting and monitoring process, setting standards for asset and exchange inclusion to meet institutional demand for investability and regulatory integrity in this new asset class,” said Chris Williamson, Head of Asia-Pacific, Index Investments Group, FTSE Russell.

Global in influence and crypto-native, HashKey Capital is a digital asset and blockchain leader helping institutions, founders and talents advance the blockchain industries.

As one of the largest crypto funds and the earliest institutional investor in Ethereum, HashKey Capital has managed over $1 billion in client assets since its inception, with over 500 investments in infrastructure, tools, and applications.

With its deep knowledge across the blockchain ecosystem, HashKey Capital has built a robust network connecting founders, investors, developers, and regulators.

FTSE Russell is a leading global provider of index and benchmark solutions, spanning diverse asset classes and investment objectives.

The platform helps investors make better-informed investment decisions, manage risk, and seize opportunities.

Market participants look to the platform for its expertise in developing and managing global index solutions across asset classes.

Asset owners, asset managers, ETF providers and investment banks choose FTSE Russell solutions to benchmark their investment performance and create investment funds, exchange-traded funds (ETFs), structured products, and index-based derivatives.

HashKey Capital closes Fund III At $500M to build Web3