MarketVector IndexesTM (“MarketVector”) together with Figment introduce two innovative indexes to provide a more comprehensive measure of the value of Ethereum.
The MarketVectorTM Figment Ethereum Total Return Index combines Ethereum’s market performance with staking rewards into an innovative, customizable benchmark.
The MarketVectorTM Figment Ethereum Staking Reward Reference Rate is a daily annualized rate of Ethereum rewards. These products are tailor-made for institutions, marrying MarketVector’s expertise in index administration with Figment’s best-in-class Ethereum rewards capture. Our initial focus is on Ethereum (ETH), paving the way for future opportunities to expand and extend these innovative products to other assets.