Intelligence Unit, Nomura Research Launch Crypto Index in Japan

Intelligence Unit (IU), a provider of crypto-asset investment solutions, announced on Wednesday its partnership with Nomura Research Institute (NRI) to launch a digital asset index - NRI/IU Crypto-Asset Index - in Japan.

Claiming to be the country’s first, the companies also tied with MV Index Solutions and CryptoCompare for utilizing their market and price tracking technologies.

Per the announcement, the new investment instrument will be available through NRI’s financial information database to both domestic and international institutional clients. The offerings will initiate on January 31.

Commenting on the index, Akihiro Niimi, CEO of Intelligence Unit, said: “Strong demand from institutional investors is contributing to the growth of crypto-asset funds, and well-diversified products like index funds are attractive as alternative investments. We will Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term the traditional financial world and the crypto-asset world by providing institutional grade crypto-asset benchmarks, further establishing the status of crypto-assets as alternative investment.”

Growing institutional demand for crypto investments

The index will track the prices of five digital assets - Bitcoin, Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Cash, Ethereum, Litecoin, and XRP - and will be available to trade in two fiats - USD and JPY.

The announcement also pointed out that the index can be used by institutional investors as a benchmark for objective investment appraisal. Further, it will allow crypto exchanges and financial information providers to display charts and index values to investors to be used as objective criteria to evaluate their investments.

“We are pleased to launch this index for Intelligence Unit and the Nomura Research Institute,” said Thomas Kettner, managing director at MVIS. “We are happy to offer our services and deep expertise in digital assets indexing to the Japanese market.”

With growing institutional demand for digital asset investments, many index funds are popping up in the market. Yesterday, Finance Magnates reported the launch of another Bitcoin index fund by Stack, which is claiming to be the first crypto index fund in Asia.