There has been a lot of noise about digital assets and their potential to disrupt, but the key to consolidate this market as a valid asset class for institutional portfolios is to develop enterprise-grade infrastructure around it. The first step is to measure it properly.
Over the last two years, we have witnessed an ubiquitous surge in the price of cryptocurrencies and other digital tokens. With the introduction of nearly 1600 different cryptocurrencies and tokens to the marketplace up to date, investing and trading in this fast-paced decentralized environment has become highly complex. Massive volatility and specially lack of proper infrastructure and reliable data have made it extremely difficult for institutional investors to effectively implement trading and investment strategies.
Diversification is the name of the game here, but in order to properly setup both active and passive investments, the data needs to be right and a framework for measuring the performance of the different strategies needs to be established. If we want this asset class to grow, we can’t keep measuring our investments against Bitcoin!
With the help of a team of professionals with more than 20 years of experience in multi- and alternative asset indexation, BITA has been launched with the mission of providing:
- Data that can be trusted
- Benchmark indexes that are representative of the asset class
- Investment tools to facilitate running any type of passive strategies
We are excited to be contributing to the professionalization of the industry, and hopefully become the touchstone of index-based investment in this new asset class.
We welcome anyone interested in contributing, partnering or developing joint products and services to contact us at info@bitadata.com.
