Frankfurt (1 March 2022) –MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, today announced the licensing of the MVIS CryptoCompare Optimum Global Cryptoasset Index (ticker: MVGCFI) to 3iQ Corp. (3iQ) for their 3iQ Global Cryptoasset Fund.
The MVIS CryptoCompare Optimum Global Cryptoasset Index (ticker: MVGCFI) is designed to measure the performance of a fixed list of digital assets, priced on select exchanges.
“We are happy to announce the first licensing of an MVIS multi-token index in the Canadian market,” said Thomas Kettner, COO of MV Index Solutions.
“Partnering with MVIS has enabled 3iQ to further innovate on and bring new value to the fund,” said Fred Pye, CEO and Chairman of 3iQ Corp. “When we first launched the Global Cryptoasset Fund, it was one of the first of its kind to offer accredited investors exposure to a diverse portfolio of multiple cryptocurrencies. And now, we’re excited to be expanding our investors’ positions by leveraging the MVIS multi-token index to provide Canadian investors access to key Layer 1 and Layer 2 blockchains and even more diversification within the fund,” he continued.
“We are proud that the latest MVIS CryptoCompare Index is being utilised by Canada’s largest digital asset fund manager, 3iQ, to underlie their Global Cryptoasset Fund,” said Charles Hayter, CEO and Co-Founder of CryptoCompare. “Since their inception, The MVIS CryptoCompare indices have grown to become the industry standard, powering digital asset products around the globe,” he continued.
The MVIS CryptoCompare Optimum Global Cryptoasset Index (ticker: MVGCFI) is a rules-based index and is calculated in USD as a price return index. The index is reviewed on a quarterly basis.
Detailed information about the Indices, including methodology details and index data, is available on the MV Index Solutions website.