Frankfurt (3 March 2022) –MV Index Solutions GmbH (MVIS®), in partnership with CryptoCompare today announced the launch of the MVIS CryptoCompare Media & Entertainment Leaders Brazil Index (ticker: MVMEBR) and the MVIS CryptoCompare Smart Contract Leaders Brazil Index (ticker: MVSCBR).
These indices are designed to measure the performance of the largest and most liquid media and entertainment, and smart contract assets, respectively.
“These are two more indices based on our successful taxonomy,” said Thomas Kettner, COO of MV Index Solutions. “We are happy there is demand to use it in an index based on additional, local parameters to launch the respective products in Brazil,” said Thomas Kettner, COO of MV Index Solutions.
“CryptoCompare is excited to support the launch of two new digital asset products building upon the growing suite of MVIS CryptoCompare indices. These new products, tailored to Brazilian markets, aim to address the growing demand for digital asset products in this region,” said Charles Hayter, CEO and Co-Founder of CryptoCompare.
The MVIS CryptoCompare Media & Entertainment Leaders Brazil Index (ticker: MVMEBR) and the MVIS CryptoCompare Smart Contract Leaders Brazil Index (ticker: MVSCBR) are rules-based indices cover the CCCAGG pricing provided by CryptoCompare. The indices are calculated in USD as price return indices. Capping factors are applied to avoid overweighting of single index components.
Detailed information about the Indices, including methodology details and index data, is available on the MV Index Solutions website.Press Release