India’s first Global Index of cryptocurrencies launched by CryptoWire
CryptoWire, a crypto super app , has announced the launch of India’s first index of cryptocurrencies — IC15, with an aim of empowering knowledge on crypto and blockchain ecosystem.
The IC15 is a rule-based broad market index by market capitalization, which tracks and measures the performance of Top 15 widely traded liquid cryptocurrencies .
“With the launch of India’s first index of crypto IC15, we intend to complete the knowledge circle for the entire crypto and blockchain ecosystem. This will not only push the ‘learn before earn’ initiative but also serve the industry with yet another powerful intervention”, said Jigish Sonagara, MD & CEO, CryptoWire. CryptoWire is a special business unit of Tickerplant.
“At CryptoWire, our approach is to facilitate market development and mitigate risk to a great degree by presenting all possible tools to evaluate possibilities and make decisions. We want all participants to utilize, to the fullest, this research-oriented, technology-powered opportunity that we present to them for tracking the market. CryptoWire is positioned to emerge as the partner of industry to spread knowledge, research and information and help participants take informed decisions. IC15 is another step towards this goal”.
Therefore, an index that captures over 80 percent of market movement is, thus, a fundamental market tracking and assessing tool to base decisions on and enhance transparency.