ML Tech Announces Accessibility to the CoinDesk 20 Index through its Marketplace

NEW YORK, June 18, 2024 -- ML Tech, a leading non-custodial Separately Managed Accounts (SMA) investment platform, today announced a collaboration with CoinDesk Indices, the leading provider of digital asset indices since 2014, to offer exposure to the CoinDesk 20 Index (CD20) on ML Tech’s SMA platform available to both U.S. and global investors. ML Tech's strategy can now be accessed via multiple top exchanges and custodians, including Kraken and Anchorage with additional partnerships expected soon.

The CoinDesk 20 is a broad-based index that has been embraced by leading market-making firms and global market participants. Designed for scalability, it tracks the performance of top digital assets, applying a capped market capitalization-weighted methodology to enhance diversification. The Index caters to institutional investors' growing need for diversified portfolio options beyond bitcoin ETFs.

ML Tech's CEO, Leo Mindyuk stated, "By leveraging CoinDesk 20, ML Tech is thrilled to offer investors a diversified long exposure to the crypto sector in a secure, transparent, and customizable way. CoinDesk 20 is an industry-leading benchmark, making it highly complementary to other strategies already available on our platform and offering our clients a best-in-class robust and reliable solution.”

ML Tech uniquely offers optimized blended portfolios and bespoke products tailored to meet various investment objectives and risk appetites. Investors can access a curated array of delta-neutral, market-neutral, and beta trading strategies via the ML Tech Marketplace. Real-time NAV and portfolio insights are available through the ML Tech Dashboard.

“Partnering with ML Tech represents a significant step forward in broadening access to diversified digital asset strategies," said Alan Campbell, President of CoinDesk Indices. "Through this collaboration, we are providing access to more investors who can benefit from the robust, reliable and diversified CoinDesk 20 Index, advancing our ongoing goal to make investment in digital assets easier to navigate.”

 

The CoinDesk 20 Index, a highly liquid and actively traded digital asset benchmark, has seen unprecedented institutional demand and trading activity to date and has generated $5.5 billion in perpetual futures volume in the past four months alone. Bullish, the fastest-growing regulated digital asset exchange, listed perpetual futures tracking the CoinDesk 20 following the Index's launch in January 2024.

To learn more about the CoinDesk 20 Index, visit coindeskmarkets.com/cd20

About CoinDesk Indices

Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A subsidiary of Bullish, our indices form the foundation of the world's largest digital asset products. Known for their precision and compliance, flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner. Discover more at coindeskmarkets.com.

About ML Tech

Founded in 2020, ML Tech is a non-custodial investment platform where investors can choose from a curated selection of fully systematic crypto trading strategies supported by ML Tech’s thorough risk management and reporting tools. Through its SMA and Fund offerings, ML Tech provides comprehensive solutions that bridge the gap between institutional investors and unique alpha opportunities only available in digital asset markets. For more information, please visit https://mltech.ai/.

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ML TECH CAPITAL, LLC IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
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