HONG KONG - Quant-driven integer assets trading steadfast TDX Strategies has teamed up with CoinDesk Indices for its latest offering: structured products linked to the CoinDesk 20 Index (CD 20), the institution announced astatine Consensus Hong Kong.
The collaboration volition supply investors with a blase solution to prioritize some maturation and hazard absorption portion navigating the burgeoning integer assets market, said TDX Chief Executive Officer Dick Lo.
"Our caller offering allows investors to summation diversified vulnerability and enactment successful the maturation of the integer plus marketplace portion maintaining a balanced hazard profile. This sets a caller modular successful integer plus concern solutions," Lo said.
"By integrating the CoinDesk 20 Index into our existing merchandise suite, TDX Strategies continues to redefine the structured merchandise scenery successful the integer plus ecosystem," Lo added.
Structured products are pre-packaged concern strategies that harvester fiscal assets with derivatives to make a customized fiscal instrument, providing tailored vulnerability per investors' circumstantial needs and objectives.
TDX’s caller offering volition fundamentally supply a pre-packaged strategy tied to the CoinDesk 20 Index. The firm’s contiguous merchandise suit includes bespoke strategy, directional vulnerability and output enhancement.
The CoinDesk 20 Index, designed for scalability, tracks the show of apical integer assets utilizing a marketplace cap-weighted methodology that provides a diversified vulnerability beyond bitcoin and ether.
Since its debut successful January 2024, the scale has gained notable traction among institutions, generating a trading measurement of astir $13 billion.
"The CoinDesk 20 has been embraced by starring market-making firms, unlocking the integer plus accidental successful 1 step. With important organization involvement driving trading volumes of astir $13 cardinal since its January 2024 launch, we’re pleased that TDX Strategies volition supply entree done structured products," said Alan Campbell, President of CoinDesk Indices.