Goldman, MSCI, Coin Metrics partner for digital asset taxonomy framework
US multinational Goldman Sachs, global investment solutions provider MSCI and crypto financial intelligence firm Coin Metrics have partnered to create a taxonomy framework for digital assets.
Goldman Sachs partners MSCI and Coin Metrics for digital asset taxonomy framework
Datonomy is designed to provide investors, service providers, developers, and researchers a way to monitor market trends, analyse portfolio risk and returns, and help build new products.
Billed as a standardised way to help market participants view and analyse the digital assets ecosystem, Datonomy will help create an increased level of transparency into how the market is moving, Goldman says.
Because the digital asset space has exploded in recent years, buoyed by “constant innovation” through new protocols and applications, and participants are keen to get involved, whether allocating capital or managing investments, there is an increased need for performance tracking and risk management in digital asset markets, the firms say.
Datonomy users can track trends across different industries, screen assets by a range of different filters based on their objectives and understand aggregated properties of these assets at the portfolio level.
“The collaboration brings together MSCI’s expertise in critical decision support tools and services, Coin Metrics’ intelligence in the digital assets space, and Goldman Sachs’ innovative platforms paired with over 150 years of experience in financial markets to help solve this problem for clients,” says Anne Marie Darling, head of marquee client strategy and distribution at Goldman Sachs.
MSCI global head of derivatives licencing and thematic indexes, Stéphane Mattatia, says: “We are leveraging our general experience of what’s worked in equities classification systems to offer an efficient investment tool helping clients to understand digital asset trends.”
Coin Metrics CEO Tim Rice says Datonomy establishes a “coherent and future-proof” way to monitor and analyse the digital assets ecosystem.
“We are committed to bringing transparency into this ever evolving and complex market to help our clients better understand and adopt it,” Rice adds.
