will launch two new indices tracking prices on Feb. 25, the company announced in an update to its on Feb. 12.
The indices — the Liquid Index (BLX) and the Liquid Index (ELX) — will offer real-time price updates in thirty-second intervals for clients using NASDAQ’s .
BLX and ELX are the product of and crypto asset market data company Brave New Coin.
“(BLX and ELX) are each designed to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD, and based on the most liquid ends of their markets,” Nasdaq explains, adding:
“Both indices are calculated using a methodology that has been independently audited against key IOSCO principles.”
Nasdaq has taken an increasingly hands-on approach to cryptocurrency-related products and services, particularly over the past year.
In September, the company began adding crypto data sets to its market analytics suite after considerable demand. Later, it its own would launch some time in the first half of 2019.
In January, CEO Adena Friedman to state her belief that ₿itcoin could become a major world currency in future.
Published at Wed, 13 Feb 2019 15:23:00 +0000
