CoinDesk Indices, a subsidiary of CoinDesk, has introduced the CoinDesk 80 Index to address the increasing institutional demand for liquidity across diverse digital assets.
The new offering is designed to track the performance of the next 80 digital assets beyond the CoinDesk20 Index, according to a press release. The Bullish exchange, which has surpassed $1 trillion in cumulative trading volume since its inception in November 2021, has listed a perpetual futures contract tied to the new index under the ticker CD80/USDC-PERP. Bullish is the parent company of CoinDesk.
The index currently counts crypto market makers GSR and STS Digital among its clients. “We’re excited about the broader opportunity this brings to expand liquidity, empower informed trading strategies, and further the maturation of the crypto ecosystem,”
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