Etana Introduces An All-In-One Platform for Digital Asset Management
Etana Custody Unveils New Digital Asset Solution
Etana Custody has expanded its Prime Services platform by introducing complete access to the CoinDesk 20 Index. This innovative solution allows for seamless execution and qualified custody of the entire index, laying the groundwork for a more integrated digital asset management experience tailored for institutional investors.
Supporting Institutional Portfolio Management
Etana is dedicated to assisting institutional investors in both portfolio construction and management. Their platform enables traders to operate on a per-name basis or through index strategies, granting the flexibility required to engage with various asset classes and liquidity venues effectively.
Diverse Market Access
One of the cornerstones of Etana's prime services is its extensive market access. This feature connects institutional clients to a wide array of asset classes, encompassing digital assets, G10 currencies, money market instruments, and U.S. Treasury securities. The framework is designed to provide security through compliance as a regulated Qualified Custodian.
Technology and Regulatory Framework
Kevin Hall, the Global Head of Prime Services at Etana, emphasized the strategic advantages of the new platform. According to Hall, "Our robust technological framework, combined with reliable banking relationships and adherence to regulations, allows clients to manage portfolio exposures efficiently on a consolidated platform. We aim to bridge the gap between traditional finance and the digital asset landscape." This strategic positioning indicates Etana's commitment to innovating within the financial sector.
The Importance of CoinDesk 20 Index
The CoinDesk 20 Index serves as an essential addition to Etana's service offerings. It operates using a capped market capitalization-weighted methodology, representing a significant benchmark for leading digital assets. The index encompasses more than 90% of the liquid digital asset market, making it indispensable for implementing large-scale investment strategies.
Empowering Institutional Investors
Alan Campbell, President of CoinDesk Indices, expressed optimism regarding this collaboration, stating, "Institutional investors are actively searching for solutions that harness the potential for growth in digital assets. We are excited that innovative leaders like Etana are leveraging the CoinDesk 20 to present a streamlined solution for diversified investing." This collaboration is anticipated to enhance operating efficiencies for institutional investors.
About Etana Custody
Etana Custody stands out as a qualified custodian providing a cutting-edge suite of Prime Services. Their environment allows investors to manage both digital assets and global currencies securely. With features like trade support, fiat on/off ramps, comprehensive market accessibility, crypto clearing and settlement, treasury services, tokenization support, and efficient reporting, Etana minimizes counterparty risk while maximizing capital efficacy. Adhering to best practice compliance standards ensures that clients can invest with confidence.
About CoinDesk Indices
Since its inception in 2014, CoinDesk Indices has positioned itself at the forefront of the digital asset revolution, empowering global investors. As part of the Bullish group, CoinDesk Indices provides foundational indices for the largest digital asset products worldwide. With a reputation for precision and compliance, flagship indices like the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index are recognized as industry benchmarks for measuring trading and investing in digital assets.
Frequently Asked Questions
What is the CoinDesk 20 Index?
The CoinDesk 20 Index is a benchmark comprising the top 20 digital assets, weighted by market capitalization, effectively capturing over 90% of the liquid digital asset market.
How does Etana support institutional investors?
Etana offers a platform that facilitates trading and portfolio management across various asset classes, enhancing market access and operational efficiency.
What services does Etana Custody provide?
As a qualified custodian, Etana provides services such as trade support, fiat on/off ramps, crypto clearing, treasury services, and more to manage digital assets securely.
Who can benefit from the CoinDesk Indices?
Institutional investors and individuals seeking reliable benchmarks for digital asset investments can significantly benefit from the services offered by CoinDesk Indices.
How does the new Etana platform work?
The new Etana platform integrates execution and custody for the entire CoinDesk 20 Index, providing users with a unified digital asset management experience.
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