ZUG, Switzerland (June 6, 2024) — STOXX Ltd., part of the ISS STOXX GmbH group of companies and a leading provider of benchmark and custom index solutions to global institutional investors, has licensed the STOXX Digital Asset Blue Chip Index to the Zurich-based Swiss private bank, Maerki Baumann & Co. Ltd. The index will serve as an underlying for the “ARCHIP Crypto Certificate” and “Crypto Focus Module” that are actively managed by the private bank.
“Investment strategies are evolving, with a noticeable embrace of digital assets as investors seek to broaden their portfolios with alternative asset classes. We are excited to be part of this trend by providing the STOXX Digital Asset Blue Chip Index to private bank Maerki Baumann. The index was co-developed with crypto-financial services provider Bitcoin Suisse. It selects high-quality assets from the crypto universe by applying a well-founded index methodology,” said Axel Lomholt, General Manager at STOXX.
The benefits are highlighted by Maerki Baumann’s Head of Investment Management, Konstantinos Ntefeloudis, who is responsible for management of the bank’s crypto investment solutions: “The STOXX Digital Asset Blue Chip Index is composed of a comprehensive selection of the world’s leading digital assets that allows us to offer our clients a reliable benchmark. The transparency in the valuation methodology strengthens the trust in our crypto investment solutions. Namely, the use of the index supports professional, structured and diversified access to the digital asset market – for the benefit of our clients.”
The STOXX Digital Asset Blue Chip Index tracks a diversified basket of assets, utilizing crypto-native metrics to select those which serve as a high-class reflection of the current crypto universe. Assets are initially derived from the Bitcoin Suisse Index Reference Classification List (xRCL). Selection is then based on a multi-step procedure which seeks to identify the strongest and most representative assets in each sector, as defined by the Bitcoin Suisse Global Crypto Taxonomy (GCT). A 30 percent cap limits exposure to typically dominant tokens such as Ethereum or Bitcoin.
Chris Zulliger, Head Invest & Advice at Bitcoin Suisse, said: “The STOXX Digital Asset Blue Chip Index sets a new standard for high-quality digital asset investments, focusing on adoption, security, community, and innovation, not just market cap. We are grateful to have embarked on this journey with a respected partner like STOXX. The licensing of the index to a prestigious Swiss financial institution like Maerki Baumann not only validates the robustness and potential of our product, but also signifies a pivotal moment in the integration of digital assets into mainstream finance.”
Media contact:
Andreas v. Brevern
andreas.von.brevern@deutsche-boerse.com
+49 69 2 11 14284
About STOXX
STOXX® and DAX® indices comprise a global and comprehensive family of more than 17,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets. STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds. STOXX Ltd., part of the ISS STOXX group of companies, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation.
About ISS STOXX
ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.
Legal disclaimer:
STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. None of their products or services recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or trading strategies. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company and may not be relied on as such. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers.
STOXX Digital Asset Blue Chip Selected as Underlying Index by Swiss Private Bank Maerki Baumann
ZUG, Switzerland (June 6, 2024) — STOXX Ltd., part of the ISS STOXX GmbH group of companies and a leading provider of benchmark and custom index solutions to global institutional investors, has licensed the STOXX Digital Asset Blue Chip Index to the Zurich-based Swiss private bank, Maerki Baumann & Co. Ltd. The index will serve as an underlying for the “ARCHIP Crypto Certificate” and “Crypto Focus Module” that are actively managed by the private bank.
“Investment strategies are evolving, with a noticeable embrace of digital assets as investors seek to broaden their portfolios with alternative asset classes. We are excited to be part of this trend by providing the STOXX Digital Asset Blue Chip Index to private bank Maerki Baumann. The index was co-developed with crypto-financial services provider Bitcoin Suisse. It selects high-quality assets from the crypto universe by applying a well-founded index methodology,” said Axel Lomholt, General Manager at STOXX.
The benefits are highlighted by Maerki Baumann’s Head of Investment Management, Konstantinos Ntefeloudis, who is responsible for management of the bank’s crypto investment solutions: “The STOXX Digital Asset Blue Chip Index is composed of a comprehensive selection of the world’s leading digital assets that allows us to offer our clients a reliable benchmark. The transparency in the valuation methodology strengthens the trust in our crypto investment solutions. Namely, the use of the index supports professional, structured and diversified access to the digital asset market – for the benefit of our clients.”
The STOXX Digital Asset Blue Chip Index tracks a diversified basket of assets, utilizing crypto-native metrics to select those which serve as a high-class reflection of the current crypto universe. Assets are initially derived from the Bitcoin Suisse Index Reference Classification List (xRCL). Selection is then based on a multi-step procedure which seeks to identify the strongest and most representative assets in each sector, as defined by the Bitcoin Suisse Global Crypto Taxonomy (GCT). A 30 percent cap limits exposure to typically dominant tokens such as Ethereum or Bitcoin.
Chris Zulliger, Head Invest & Advice at Bitcoin Suisse, said: “The STOXX Digital Asset Blue Chip Index sets a new standard for high-quality digital asset investments, focusing on adoption, security, community, and innovation, not just market cap. We are grateful to have embarked on this journey with a respected partner like STOXX. The licensing of the index to a prestigious Swiss financial institution like Maerki Baumann not only validates the robustness and potential of our product, but also signifies a pivotal moment in the integration of digital assets into mainstream finance.”
Media contact:
Andreas v. Brevern
andreas.von.brevern@deutsche-boerse.com
+49 69 2 11 14284
About STOXX
STOXX® and DAX® indices comprise a global and comprehensive family of more than 17,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets. STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds. STOXX Ltd., part of the ISS STOXX group of companies, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation.
About ISS STOXX
ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.
Legal disclaimer:
STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. None of their products or services recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or trading strategies. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company and may not be relied on as such. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers.
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