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.
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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