SwissBorg Crypto Indices Are Live!
SwissBorg’s Toronto team, Marco Guerreiro and Ankit Mittal have developed the very first SwissBorg Crypto Indices. The SB Top20 and the SB Next30 are first crypto indices developed by SwissBorg to track cryptos tailored to individual investment preferences. With the indices, SwissBorg aims to give our community members a taste of what is to come with the launch of our investment app that is to be released in 2019.
The SwissBorg Top 20 Index tracks the performance of the Top20 Crypto assets weighted by market capitalization and capped at 20% per component. USD Tether and any other stable coins are excluded from the calculation. The weights are re-calculated and adjusted every 20 days. The index starts on January 1st 2016 at a value of 434.33$, which was the price of BTC USD on that date. This index provides a 2.5-year track record for investors to benchmark performance against.
The SwissBorg Next30 Index represents smaller capitalization Crypto assets. It tracks the performance of the Top 30 Cryptos after the Top 20, weighted by market capitalization and capped at 5% per component. USD Tether and any other stable coins are excluded from the calculation. The weights are re-calculated and adjusted every 20 days. The index starts on January 1st, 2017 at a value of 998.33, which was the price of BTC USD on that date, providing a track record in excess of a year for investors.
Right now SwissBorg’s two indices plus BTC and Top20 are live on our website and can be consulted to track crypto assets. We aim to produce more indices that cater to a diverse range of investment strategies. The motivation behind this soft launch is to introduce one of the main features of our investment app and give our community the chance to view what is in store in the future. Enthusiasts can use our interactive charts to explore data covering a period of over two years for each of the indices related to BTC and examine individual indices. When active, the SwissBorg crypto asset indices will allow users to diversify their cryptocurrency investments.
SwissBorg is proud to take this pioneering step towards fulfilling our goal of building a wealth management ecosystem that aims to demystify and make accessible the world of cryptos for our community members and the world at large!
Marco Guerriero discusses the barriers to wider crypto participation and how actively managed Crypto Indices help adoption: Listen here to the SwissBorg Indices Podcast
