New Bloomberg Index Based on Solana Alcoin

Bloomberg has partnered with Galaxy Digital to launch a new stock index based on the Solana digital asset.

He not only made it possible to trackbehavior of a set of cryptocurrencies, it also became the first institution-level pricing source for routing value information. This will enable Solana-based products to be launched in jurisdictions where a global market data source is required.

The index is denominated in US dollars and is already available in the Bloomberg terminal.It became the fifth product in the line based on digital assets,formed by partners over the past 3 years. Just a few months ago, Galaxy and Bloomberg also unveiled an index focused on decentralized finance (DeFi).

According to CoinMarketCap, at the time of publication, Solana is ranked 5th in the cryptocurrency market capitalization ranking.

Earlier this year, another leading American provider of information for professional financial market participants, S&P, launched a line of crypto indices.

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