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Bloomberg Partners Novogratz’s Galaxy Digital Capital To Release Crypto Benchmark Index via @cointelegraph

According to CoinTelegraph, “Bloomberg and Mike Novogratz’s crypto merchant bank Galaxy Digital Management have launched the Bloomberg Galaxy Crypto Index (BGCI) that will track ten cryptocurrencies from the ‘largest, most liquid portion of the cryptocurrency market,’ Bloomberg reports today, May 9. “The coins to be listed on the index currently are Bitcoin (BTC), Ethereum (ETH), Ripple, Bitcoin Cash, ESO, Litecoin, Dash, Monero, […]

By Chris Sykora · May 9, 2018
Bloomberg Partners Novogratz’s Galaxy Digital Capital To Release Crypto Benchmark Index via @cointelegraph

According to CoinTelegraph, “Bloomberg and Mike Novogratz’s crypto merchant bank Galaxy Digital Management have launched the Bloomberg Galaxy Crypto Index (BGCI) that will track ten cryptocurrencies from the ‘largest, most liquid portion of the cryptocurrency market,’ Bloomberg reports today, May 9.

“The coins to be listed on the index currently are Bitcoin (BTC), Ethereum (ETH), Ripple, Bitcoin Cash, ESO, Litecoin, Dash, Monero, Ethereum Classic, and Zcash. Bloomberg writes that the BGCI offers the ‘first institutional benchmark for the cryptocurrency market.'”

Continue to read the full story at CoinTelegraph.