Changes headline, first paragraph to reflect that Wilshire is providing its indexes for FalconX clients, not the other way round.
Crypto trading firm FalconX has tapped private investment management firm Wilshire to provide digital asset indexes for its institutional clients. The two firms will work together on a set of single-coin, multicoin and thematic indexes for institutional investors with access to the crypto derivatives market,Both FalconX and Wilshire say the ultimate value in digital assets will be as a gateway to the tokenization of other assets.
FalconX aims to address issues related to market fragmentation, price discovery and unreliable market data. In October last year, itSanta Monica, California-based Wilshire, which has $79 billion in assets under management , has developed more than 70 digital asset indexes, classifying over 1,300 digital assets, since it first ventured into the industry in 2020.
WilshireAssoc falconxnetwork JamieCrawleyCD Pretty exciting news! It's great to see how institutional investment in crypto is growing. hodl moonlight
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