Trakx Digital Asset Newsletter

Newsletters Feb 28, 2022

Trakx.io offers highly advanced digital-asset investment products for institutional clients and sophisticated individual investors. These instruments, called Crypto-Traded Indices (“CTIs”) are available on the Trakx.io platform, which delivers the high degree of compliance, custody, and liquidity required by large investors. Trakx.io is a ConsenSys backed company.

Key Crypto Market Figures (Feb 28th)

Crypto Traded Indices (CTIs) Weekly Performance

Digital assets were down as tensions grew between Ukraine and Russia and bounced back after Russia invaded Ukraine last Thursday. Over the week, Trakx Top 10 Crypto index lost only 1%. The best performer is Trakx Lending (+7%) thanks to Anchor Protocol (ANC +67%).

Most decentralised exchanges were badly hit last Thursday, though they bounced back on Friday. Over the week Trakx Decentralised Exchanges index lost 9%, partly due to Pancake Swap (CAKE -15%) and Curve DAO Token (CRV -14%).

Sources: Coingecko and AlphaVantage

  • Ukraine government raises over $10 million in cryptocurrency donations: CNBC
  • EU 'Commits' to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion: CoinDesk
  • Russian Banks to be Cutoff From SWIFT: What Does it Mean for Crypto?: CryptoPotato
  • Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says: Bitcoin.com
  • As Russia invaded the Ukraine, bitcoin plunged — here's what Sam Bankman-Fried, Michael Saylor and other top voices in crypto had to say about it: BusinessInsider
  • USDT records new all-time high against Russian ruble as inflation hits: CoinTelegraph

Trakx News

  • Trakx recommends Wealth Monaco’s article - Ukraine conflict heralds a financial war - by Meghnad Desai, Professor of Economics at the London School of Economics and Political Science and Chair of the OMFIF Advisory Council.

Trakx CTIs Performance

Sources: Coingecko and AlphaVantage

*Return of bitcoin is calculated since 01/05/2020, while CTIs performances were calculated since their respective launch date.

Disclaimers: No Investment Advice. Index returns and statistics are for illustration only. Index returns do not reflect any transaction costs or expenses. Past performance does not guarantee future results. The information provided in this newsletter does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the newsletter content as such. Trakx.io does not recommend that any cryptocurrency should be bought, sold, or held by you. Readers shall conduct their own due diligence and consult their financial advisors before making any investment decisions.

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Carole Laizet

Senior marketing manager with 15+ years of experience in the Financial Industry (traditional Banking as well as Crypto Assets). Responsible for market research @trakx.io