18 November 2019- Intelligence Unit LLC (IU) and Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, agree to develop a benchmark for investment appraisal of crypto-assets – the “NRI/IU Crypto-Asset Index Family” . This new offering will be available through NRI’s financial information database, IDS, to domestic and overseas institutional investors, financial information vendors, and crypto exchanges.
As a method to replace legal currency or raise funds for emerging digital companies that provide infrastructure and platform solutions for digital businesses, crypto-assets like bitcoin are expected to grow significantly. After the crypto bubble burst at the beginning of 2018, countries began to properly establish regulation and the infrastructure around crypto-assets, which has led to an increase in market liquidity. As a result, more investors are investing in cryptos as alternative asset.
The increasing investment needs for crypto-assets have, in turn, led to high demand for the benchmarks to appraise those investments. In addition, there are more asset managers who manage crypto-asset index and ETF funds track to the benchmark, which has led to its creation. NRI decided to develop the index with IU as they have sector expertise in crypto-assets and connections to many crypto exchanges in the Japanese market.
The “NRI/IU Crypto-Asset Index Family” can be used by institutional investors as a benchmark for objective investment appraisal. Further, the new solution will allow crypto exchanges and financial information providers to display charts and index values to investors to be used as objective criteria to evaluate their investments. The index is calculated with a platform operated by MV Index Solutions GmbH, a company registered under the European benchmark regulation.
If you need any enquiry about the article, please contact to Intelligence Unit LLC (info@intelligenceunit.jp) or Investment Information Systems Business Department
at Nomura Research Institute, Ltd.(NRI) (E-mail: ids-sales@nri.co.jp TEL：+81-45-613-7200)
