In its latest indication of support for the burgeoning cryptocurrency industry, NASDAQ has announced it will be adding indices for bitcoin and ethereum.
The New York based stock exchange has announced a partnership with New Zealand’s Brave New Coin, a blockchain data and research firm to offer a Bitcoin Liquid Index (BLX) and an Ethereum Liquid Index (ELX). The BLX and ELX will offer real-time spot prices of bitcoin and ethereum based on the most liquid ends of their respective markets with prices refreshed every thirty seconds.
The BLX and ELX have both been “independently audited” in line with the principles of the International Organization of Securities Commissions (IOCSO). The BLX price history dates back to the origin of bitcoin trading on Mt. Gox in 2010 and the ELX price history to 2015.
The indices will be available on NASDAQ on February 25, 2019.