Cryptocurrency exchange Huobi announced that financial data firm Bloomberg has added the HB10 crypto market index on its terminal for subscribers.
The exchange later launched an exchange-traded fund that uses the index as a benchmark to allow investors to invest in a variety of assets instead of buying just one at a time.
Huobi said in today's announcement that the trading data of nine cryptos against USDT on its exchange will also be listed on Bloomberg Terminal, including bitcoin, litecoin, bitcoin cash, ethereum, ethereum classic, XRP, dash, EOS and zcash.
The new addition comes just a month after the data service firm added a crypto index to its terminal through a partnership with Galaxy Digital, a digital assets merchant bank headed by billionaire Michael Novogratz.
Currently, Bloomberg Terminal also tracks the prices of bitcoin, XRP, litecoin and ethereum using data from U.S. crypto exchanges.
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Bloomberg Terminal Adds Huobi's Cryptocurrency Market Index
Published on Jun 21, 2018
by Coindesk | Published on Coinage
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