Trakx, the thematic crypto index trading platform, has announced that it has partnered with Vinter, the crypto index provider, for its suite of crypto products.
The partnership will commence with the launch of the Vinter Trakx Top Blockchains Certificate, which replicates the performance of the Vinter Trakx Top Blockchains Index. The index invests in tokens issued by the ten largest smart contract platforms and rebalances the allocation monthly. The firm writes that this allows institutional investors to diversify their portfolios and gain exposure to the broader crypto-asset market beyond Bitcoin.
Jacob Lindberg, CEO of Vinter, says: “We are pleased to partner and launch this index with Trakx. The key to building attractive blockchain investment products is innovation. Indexes that leverage smart contracts are a strong proposition for institutional investors, as this innovative technology removes the need for third-party intermediaries, offering frictionless payments and lower fees than other traditional products. It’s great to combine our expertise and continue bridging the gap between institutions and crypto-assets.”
Lionel Rebibo, CEO and founder of Trakx says: “We are always looking for solid partners that share our vision and help us build niche, differentiated solutions the market needs. Vinter has built a strong reputation as an index provider for crypto assets, working with companies to provide investors with broader crypto exposure. We look forward to collaborating with them to raise awareness of smart contract platforms, while exploring other avenues for growth.”