Frankfurt (06 May 2021) – MV Index Solutions GmbH (MVIS®) today announced the licensing of the MVIS Global Digital Assets Equity Index (ticker: MVDAPP) to VanEck Europe for use in a new UCITS equity fund to provide investors with pure-play exposure to innovative companies that are powering the digital transformation of the world’s economy.
“After licensing the MVIS Global Digital Assets Equity Index to VanEck US, we are pleased to licence the index now also to Europe. With the success of our Digital Assets Index suite, we provide investors access to this asset class via stocks. This may include holding companies as well as miners, exchanges and other companies active in the digital assets space,” said Thomas Kettner, COO at MV Index Solutions.
"For the first time, we are offering investors an opportunity to invest in companies in the digital assets sector in a focused way. This is something we have achieved with the launch of the UCITS ETF. We are very excited to bring this fund to market,“ said Dominik Schmaus, Product Manager at VanEck. "The valuations of publicly listed digital asset companies have grown significantly in recent years, driven by the rising number of users and revenues. This trend is projected to continue, as digital assets usage and implementation – including cryptocurrency and decentralized applications – is expected to increase."
The MVIS Global Digital Assets Equity Index is a unique pure-play index that aims to track the performance of the largest and most liquid companies in the global digital assets segment. The Index is weighted by float-adjusted market capitalisation and is calculated in USD as a price and a total return net 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.