BitGo Now Supports Index Coop’s Full Thematic Product Suite

We are delighted to announce that BitGo, the leading custodian institutional digital asset management, has expanded its partnership with the Index Cooperative by adding support for the Coop’s full suite of thematic products: the Metaverse Index (MVI), the Bankless BED Index (BED), and the Data Economy Index (DATA). These crypto index products will provide BitGo’s institutional clients with simple, one-token access to emerging crypto themes. This expansion follows BitGo’s support of the Index Cooperative’s flagship index product, the DeFi Pulse Index (DPI), in Summer 2021.

BitGo and Index Cooperative will also partner to host virtual and in-person events in 2022, starting with a webinar on the emerging theme of Decentralized Finance.

“Our goals for serving high-net-worth and institutional investors are two-fold: to ensure Index Coop products are supported by institutional-grade infrastructure and to facilitate education and awareness of key crypto themes for those segments,” said Mike Taormina, the Co-Head of Institutional Business at Index Coop. “The expanding partnership with BitGo will allow us to achieve both of those aims.”

BitGo has been committed to serving institutions and crypto native businesses’ digital asset requirements since 2013. BitGo processes approximately 20% of all on-chain Bitcoin transactions by value and is trusted by more than 600 clients across 50 countries, including some of the world’s largest institutions and more than 150 exchanges. Collectively, BitGo secures over $64B in assets for these clients and remains the only service provider in the industry providing both qualified custody and self custody technology solutions to institutional investors, fintech firms, and crypto native platforms.

Three thematic products are now supported at BitGo:

• The Metaverse Index (MVI) — a market cap- and liquidity-weighted index designed to capture the trend of entertainment, sports, and business shifting towards virtual environments. The index includes protocols such as Illuvium, Axie Infinity, and Rarible.
• The Data Economy Index (DATA) — a market-cap-weighted index providing exposure to the web3 protocols aiming to disrupt web2 data monopolies in areas such as search, file storage, and price oracles. The index includes protocols such as Chainlink, the Graph, and Ethereum Name Service.
• The Bankless BED Index (BED) — an equal-weighted index providing exposure to the most promising use cases and themes in crypto: store of value, programmable money, and decentralized finance. The index includes bitcoin, ether, and the DeFi Pulse Index (DPI).

“We’re seeing an increasing amount of institutional investors exploring DeFi in a meaningful way,” said Thomas Chen, BitGo Director. “By supporting Index Coop’s entire suite of products, BitGo is able to further enable institutional investors’ access and exposure to one of the most exciting asset classes out there.”

Once again, we would like to thank BitGo for their continued support and partnership to bring more interested capital into on-chain digital assets.

Learn more about BitGo at www.BitGo.com and follow them on Twitter.