Trakx Digital Asset Newsletter
Weekly News for Institutional Investors
Trakx.io offers highly advanced digital-asset investment products for institutional clients and sophisticated individual investors. These instruments, called Crypto-Tradable 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 (Mar 21st)
Crypto Tradable Indices (CTIs) Weekly Performance
Digital Assets were positive over the week. Trakx Top 10 Crypto Index was up by 10% and all other CTIs prices increased.
The best performing index is Trakx Decentralised Exchanges (+20%) thanks mainly to Synthetix (SNX+35%) and Thorchain(RUNE +34%) (see dailyhodl Thorchain explodes as new crypto sector takes pole position).
Sources: Coingecko and AlphaVantage
Market Trends
- Ukraine's Zelenskyy signs virtual assets bill into law, legalizing crypto: Coindesk
- Fund manager Jim Chanos Says He’s Shorting Coinbase: CoinDesk
- Stranded no more? Bitcoin miners could help solve Big Oil's gas problem: Cointelegraph
- Bitcoin to the rescue: Cryptocurrencies’ role in Ukraine: Aljazeera
- Ethereum outflows from exchanges hit 2022 peak as ETH price surges: Decrypt
- Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys: CNBC
- NFT weekly sales volume improves jumping 17% higher than the week prior: Bitcoin.com
Trakx News
- Trakx has released the latest liquidity report for Top 10 DeFi index: Top 10 DeFi - February Liquidity report by Sun Zu Lab
- Trakx published the article Crypto in the Spotlight: Hacks by Ryan Shea - Trakx Crypto economist
- Lionel Rebibo spoke last Friday at Paris Dauphine’s conference: Digital Assets: are they becoming mainstream for institutional investors?
- Lionel Rebibo will be attending Avalanche Summit in Barcelona
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.
**Includes simulated performance.
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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