Grayscale partners with FTSE Russell to launch crypto index product

According to The Block, crypto asset management company Grayscale Investments is collaborating with FTSE Russell, a subsidiary of the London Stock Exchange and London index provider, to enter the crypto index business. The product, called the Crypto Industry Index Series, will include several indices that track the prices of various digital assets based on use cases. These groups will include: cryptocurrencies as a store of value medium of exchange (e.g. bitcoin, litecoin), smart contract projects (e.g. ethereum, solana, polygon), tokens representing financial services (uniswap, compound, curve), tokens representing According to the announcement, art, gaming and media assets (NFT projects) as well as projects for real-life applications (chainlink, filecoin, etc.).