Hong Kong – The Australian market manufacturer of digital assets Zerocap has teamed up with Coindesk Indices to offer the first structured products based on Australian options on the Coindesk 20 index (CD20), said the company in the Hong Kong Consensus .
The partnership presents sophisticated and tailor-made investment strategies that are generally found in traditional markets, a significant progression for the cryptocurrency industry.
It will allow institutions and other sophisticated market players to take a diversified exposure managed by the risks to digital assets which go beyond the simple bitcoin and ether while offering additional features such as downward protection, the volatility management and improvement of yields.
The new supply demonstrates the growing demand for scalable and diversified institutional quality cryptocurrency products after the start of the ETF Spot in the United States last year.
The Coindesk 20 index, which has jumped 456% in the past five years, provides a diversified alternative to the standard 70/30 Bitcoin-Ether portfolio by expanding exposure to other leading cryptographic assets.
“This partnership with Coindesk Indices brings sophisticated and structured options for the first time to the cryptography market, offering our customers improved means to invest in digital assets with tailor -made risks and diversification advantages”, declared Mark Hiriart, sales manager at Zerocap.
Alan Campbell, president of Coindesk Indices, said that the CD 20 index meets the growing demand for diversified exposure to digital assets and Zerocap’s decision to make its debut on structured products linked to the same thing is a Not a significant forward in the global customer service.