Bloomberg, Novogratz’s Galaxy Digital Launch Cryptocurrency Index

Michael Novogratz’s Galaxy Digital Capital Management has joined hands with Bloomberg to form the Bloomberg Galaxy Crypto Index, which will trail ten of the biggest cryptocurrencies.

Bloomberg and Galaxy Digital Capital Management, the digital-asset manager founded by billionaire and Bitcoin supporter Michael Novogratz, launched on Wednesday the Bloomberg Galaxy Crypto Index (BGCI). The capitalization-weighted index will trail the costs of the most liquid digital currencies, including Ripple, Monero, Zcash, Bitcoin, and Ethereum.

[Video] Bloomberg Partners Novogratz’s Galaxy Digital Capital To Release Crypto Benchmark Index