Frankfurt (06 May 2021) – MV Index Solutions GmbH (MVIS®) today announced the licensing of the MVIS GlobalDigital Assets Equity Index (ticker: MVDAPP) to VanEck Europe for use in a new UCITS equity fund to provide investors withpure-play exposure to innovative companies that are powering the digitaltransformation of the world’s economy.
“After licensing the MVIS GlobalDigital Assets Equity Index to VanEck US, we are pleased to licence the indexnow also to Europe. With the success of our Digital Assets Index suite, we provideinvestors access to this asset class via stocks. This may include holdingcompanies as well as miners, exchanges and other companies active in thedigital assets space,” said Thomas Kettner, COO at MV Index Solutions.
"For thefirst time, we are offering investors an opportunity to invest incompanies in the digital assets sector in a focused way. This is something wehave achieved with the launch of the UCITS ETF. We arevery excited to bring this fund to market,“ said Dominik Schmaus, Product Managerat VanEck. "The valuations of publicly listed digital asset companies havegrown significantly in recent years, driven by the rising number of users andrevenues. This trend is projected to continue, as digital assets usage andimplementation – including cryptocurrency and decentralized applications – isexpected to increase."
The MVIS GlobalDigital Assets Equity Index is a unique pure-play index thataims to track the performance of the largest and most liquid companies in the global digital assets segment. The Index is weightedby float-adjusted market capitalisation and is calculated in USD as a price anda total return net index. The index is reviewed on a quarterly basis. Detailedinformation about the indices, including methodology details and index data, is available on the MV Index Solutions website.
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