Galaxy Partners with Alerian to Launch a New Suite of Crypto Indexes

Galaxy Digital added a suite of products from index provider Alerian and S-Network Global Indexes to its crypto data offering on Tuesday.

According to a press release, the passive indexes monitor public businesses and a few “select” investment products to cover crypto miners, infrastructure companies, and crypto-adjacent enterprises. The aim, according to Galaxy, is to “cover the entire breadth” of cryptocurrency technology for investors.

Through a spokesman, Galaxy Digital Head of Asset Management Steve Kurz told CoinDesk, "Our data now covers much more of the crypto and blockchain ecosystem, consistent with our goal to equip investors with the tools they need to access every investable corner of the asset class."

With Bloomberg, Galaxy already provides a scattering of crypto index products designed to track asset values. The Bloomberg Galaxy DeFi Index was only released last week by the companies.

The partnership with Alerian will result in the launch of eight new crypto and blockchain indices.

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