CF Benchmarks is pleased to announce the launch of a partnership with Crypto Insights Group Corp., (CIG), the digital assets-focused data, analytics, and market intelligence platform for institutional allocators, investment managers, and capital markets services providers.
Starting with their CF Institutional Digital Asset Index (IDAX) and CF Large Cap Index, CIG has begun “to roll-out access to CFB’s key measures of investible crypto market beta to users of its platform.”
Crypto Insights Group (CIG) is an alternatives data provider focused on delivering tools to digital asset fund managers and institutional allocators. CIG is dedicated to “bridging the gap between traditional finance and the rapidly emerging digital asset class.”
By providing a Institutional Allocator Portal, CIG empowers fund managers and allocators “with the ability to streamline the identification, diligence, and monitoring of the asset class.”
CIG’s platform includes a “suite of data management tools, analytics, benchmarking and research reports covering the investment landscape. CIG is backed by some of the funds and angels in the industry.”
CIG aims to provide allocators with “unbiased, reliable and accurate profiles of liquid digital asset funds, removing frictions related to information asymmetry, and concerns over the veracity and availability of comprehensive specialist data.”
CF Benchmarks is the “registered cryptocurrency Benchmark Administrator, with a track record of devising and administering regulated digital asset benchmarks, whilst providing market data and other measurement and classification facilities.”
This means Crypto Insights Group’s aims and CFB’s goals “are closely aligned – to the benefit of CIG clients.”
Asset allocators using CIG’s solutions to “streamline and accelerate the research and analysis process; fund managers seeking connections to investors with aligned mandates, and service providers, protocols and other entities, are assured of the highest possible accuracy, representativeness and market integrity, when tracking the performance of digital asset markets with CF Benchmarks indices.”
Crypto Insights Group is providing its clients with “access to the CF Institutional Digital Asset Index – US – Settlement Price variant.”
The CF Institutional Digital Asset Index (IDAX) is “a liquid investible benchmark portfolio index designed to track the performance of a portfolio of the largest digital assets recognized as being in regulatory conformance with major financial jurisdictions.”
Currently, IDAX is constituted of Bitcoin and Ether.
Constituents are weighted “by free float market capitalization, and the index is reconstituted and rebalanced quarterly.”
The CF Institutional Digital Asset Index – US – Settlement Price variant is calculated and “published once a day, every day of the year.”
It references the price of the portfolio “at the time synchronized with the traditional U.S. market closing time of 4:00 pm New York Time.”
Crypto Insights Group is also rolling out “access to the CF Large Cap (Diversified Weight) – US – Settlement Price variant for its clients.”
Like IDAX, the CF Large Cap is also “a liquid, investible benchmark portfolio, though its methodology is carefully designed to ensure it tracks the performance of a range of large-cap digital assets.”
This U.S. dollar-denominated measure aims to “capture 95% of the total market capitalization of the investible digital asset universe. Constituents are weighted by free-float market capitalization, and reconstitution and rebalancing occur on a quarterly basis.”