Hong Kong – Australian digital asset market maker Zerocap is partnering with Coindesk Indices to offer Australia’s first option-based structural product on the Coindesk 20 Index (CD20).
The partnership introduces sophisticated, customized investment strategies that are usually seen in traditional markets, a major advancement for the cryptocurrency industry.
Institutions and other sophisticated market participants take risk-controlled diverse exposure to digital assets beyond just Bitcoin and ether, while providing additional features such as negative side protection, volatility management, and yield enhancement. You can do it.
The new product shows an increase in demand for scalable and diversified in-facility cryptocurrency products after the debut of Spot ETF in the US last year.
The Coindesk 20 Index, which has surged 456% over the past five years, offers a diverse alternative to the standard 70/30 Bitcoin Ether portfolio split by expanding exposure to other major crypto assets.
“The partnership with Coindesk Indices brings sophisticated and structured options to the Crypto market for the first time, strengthening the way we invest in digital assets with the benefits of customized risk and diversification for our clients.”
Coindesk Indices president Alan Campbell said that CD 20 Index is in response to growing demand for diverse digital asset exposures, and Zerocap’s decision to debut structured products related to the same is a global one. He said it was an important step in serving customers.