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Nasdaq Debuts Brave New Coin BTC and ETH Indexes, Tied to Crypto Market


Announced recently, Nasdaq exchange will offer two additional indexes integrated to the cryptocurrency market. Accordingly, the new third-party indexes on GIDS data feed (Nasdaq Global Index Data ServiceSM) will go live on February 25, 2019.

Brave New Coin BTC and ETH Indexes Joins Nasdaq

Consequent to the announcement those two indexes are ‘Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX). Both the indexes are created by Brave New Coin, a cryptocurrencies technology research company founded in the year 2014. Per the announcement, Nasdaq with Brave New Coin will send ‘single price point’ information about Bitcoin and Ethereum on the GIDS. The announcement reads that;

Effective Monday, February 25, 2019, Nasdaq, through its data dissemination relationship with Brave New Coin, will send real-time Bitcoin and Ethereum index level information on the Nasdaq Global Index Data ServiceSM (GIDS)

Both the index by Brave New Coin aims at providing ‘real-time spot’ for the value…



Read Full Story : Coingape

2019-02-13 13:46:44

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