ZUG, Switzerland (March 25, 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 Valour Inc. The index, which marks STOXX’s entry into the digital asset space, will serve as an underlying for an exchange traded product (ETP) listed on Xetra, a leading trading venue for ETFs & ETPs in Europe. The index was developed in partnership with crypto-financial services provider Bitcoin Suisse.
“Investors are clearly allocating significantly more to alternative asset classes to diversify their portfolios,” said Axel Lomholt, General Manager at STOXX. “That’s why we are moving into an investment segment that’s increasingly gaining a foothold in portfolios. With Bitcoin Suisse, we do this with an established partner and with an index methodology designed to meet the robustness needs of today’s investors.”
The STOXX Digital Asset Blue Chip Index tracks a diversified and high-quality basket of assets, utilizing crypto-native metrics to select those which serve as a reflection of the crypto universe today. The list of eligible tokens is derived from all assets classified under the Bitcoin Suisse Global Crypto Taxonomy (GCT). Selection is based on a multi-step procedure which seeks to identify the strongest and most representative assets in each eligible sector. A market capitalization weighting scheme with a cap of 30 percent limits exposure to typically dominant tokens such as Bitcoin and Ethereum.
“With its maximum weighting limit of 30 percent for any individual crypto underlying, the new ETP is as unique vehicle to enter into the crypto world with just one position in your portfolio,” said Marco Infuso, Chief Sales Officer of Valour.
“With the launch of this unique blue chip crypto index in collaboration with STOXX, we are taking the next step in the development of our digital assets offering,” said Andrej Majcen, Chief Executive Officer at Bitcoin Suisse. “With its rule-based asset selection, the STOXX Digital Asset Blue Chip Index is Europe’s first investment alternative to pure top market cap crypto asset strategies. Bitcoin Suisse is proud to partner with STOXX to drive innovation further in the crypto- and traditional space.”
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. Certain environmental, social and governance ratings, scores and other analytical assessments which may be used as inputs to certain STOXX® and DAX® indices are produced by Institutional Shareholder Services Inc., (“ISS”). ISS is a wholly-owned subsidiary of ISS Stoxx GmbH. ISS is a Registered Investment Adviser under the Investment Advisers Act of 1940. ISS materials, including any materials used for the indices, have not been submitted to, nor received approval from, the United States Securities and Exchange Commission or any other regulatory body.
STOXX Licenses First Crypto Blue Chip Index, Co-developed with Bitcoin Suisse, to Valour Inc.
ZUG, Switzerland (March 25, 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 Valour Inc. The index, which marks STOXX’s entry into the digital asset space, will serve as an underlying for an exchange traded product (ETP) listed on Xetra, a leading trading venue for ETFs & ETPs in Europe. The index was developed in partnership with crypto-financial services provider Bitcoin Suisse.
“Investors are clearly allocating significantly more to alternative asset classes to diversify their portfolios,” said Axel Lomholt, General Manager at STOXX. “That’s why we are moving into an investment segment that’s increasingly gaining a foothold in portfolios. With Bitcoin Suisse, we do this with an established partner and with an index methodology designed to meet the robustness needs of today’s investors.”
The STOXX Digital Asset Blue Chip Index tracks a diversified and high-quality basket of assets, utilizing crypto-native metrics to select those which serve as a reflection of the crypto universe today. The list of eligible tokens is derived from all assets classified under the Bitcoin Suisse Global Crypto Taxonomy (GCT). Selection is based on a multi-step procedure which seeks to identify the strongest and most representative assets in each eligible sector. A market capitalization weighting scheme with a cap of 30 percent limits exposure to typically dominant tokens such as Bitcoin and Ethereum.
“With its maximum weighting limit of 30 percent for any individual crypto underlying, the new ETP is as unique vehicle to enter into the crypto world with just one position in your portfolio,” said Marco Infuso, Chief Sales Officer of Valour.
“With the launch of this unique blue chip crypto index in collaboration with STOXX, we are taking the next step in the development of our digital assets offering,” said Andrej Majcen, Chief Executive Officer at Bitcoin Suisse. “With its rule-based asset selection, the STOXX Digital Asset Blue Chip Index is Europe’s first investment alternative to pure top market cap crypto asset strategies. Bitcoin Suisse is proud to partner with STOXX to drive innovation further in the crypto- and traditional space.”
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. Certain environmental, social and governance ratings, scores and other analytical assessments which may be used as inputs to certain STOXX® and DAX® indices are produced by Institutional Shareholder Services Inc., (“ISS”). ISS is a wholly-owned subsidiary of ISS Stoxx GmbH. ISS is a Registered Investment Adviser under the Investment Advisers Act of 1940. ISS materials, including any materials used for the indices, have not been submitted to, nor received approval from, the United States Securities and Exchange Commission or any other regulatory body.
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