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2021-11-25 15:00:11

Morningstar Indexes and DIA Build Indexes for Institutional Investors

New DIAx Reference Prices and Indices provide transparent and regulatory compliant performance measures for individual digital assets and baskets of digital assets, calculated by Morningstar Indexes, part of Morningstar, Inc. DIA, the open-source data platform for decentralised finance, together with global benchmark provider Morningstar Indexes, part of Morningstar, Inc., today announced the release of ‘DIAx’ – regulatory compliant reference prices and indices that will enable investors to benchmark and access digital assets via traditional markets. The DIAx family initially comprises benchmark reference prices and indices measuring the price of individual digital assets, including Bitcoin (DIAxBTC), DIA (DIAxDIA) and the DIA Metaverse Index (DIAxMVI) measuring the performance of a basket of tokens representing companies building Metaverse technology. Over time, the family will expand to include baskets of other digital assets and other measures such as digital asset volatility. Each price and index is designed to enable safe and frictionless access to the digital asset space for traditional investors. DIAx reference price feeds are compliant with both the IOSCO Principles for Financial Benchmarks and the UK & EU Benchmarks Regulations. Accurate and Transparent Price Feeds DIA sources price data from a range of digital asset exchanges at the trade level to provide the data used to calculate the indices. Centralised ...

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