en
Back to the list

Solana Hits Bloomberg Terminal With Galaxy-Backed Index


www.coindesk.com 15 November 2021 13:39, UTC
Reading time: ~2 m

Bloomberg LP and Galaxy Digital on Monday released a Solana index, making SOL only the third crypto asset – after BTC and ETH – with a standalone price tracker developed by the pair.

The launch signals Wall Street investors’ interest in a token that has surged over 11,700% in the past 12 months, according to Messari. Carrying ticker symbol SOL, it went live on Monday across Bloomberg terminals globally, Galaxy Head of Europe Tim Grant said in a LinkedIn post.

“This is the first institutional grade pricing source for solana,” Grant said. More solana-linked investment products could debut as a result, he said.

Bloomberg and Galaxy have now issued five total crypto indexes since starting their collaboration in 2018.

DISCLOSURE


Subscribe to The Node, our daily report on top news and ideas in crypto.

By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our terms of services and privacy policy.


   Source
Back to the list