Zerocap Partners with CoinDesk Indices

Australian digital assets market maker Zerocap has partnered with CoinDesk Indices to offer Australia’s first options-based structured products on the CoinDesk 20 Index (CD20), as announced at Consensus Hong Kong.

Key Features

The partnership introduces sophisticated and tailored investment strategies usually found in traditional markets, marking a significant advancement for the cryptocurrency industry. It will enable institutions and other sophisticated market participants to take risk-managed diversified exposure to digital assets beyond just Bitcoin and Ether. Offers also include:
– Downside protection
– Volatility management
– Yield enhancement

Growing Demand

This new offering highlights the increasing demand for scalable and diversified institutional-grade cryptocurrency products, especially after the debut of spot ETFs in the U.S. last year. The CoinDesk 20 Index, which has surged 456% over the past five years, provides a diversified alternative to the standard 70/30 Bitcoin-Ether portfolio split by broadening exposure to other leading crypto assets.

Mark Hiriart, head of sales at Zerocap, stated: “This partnership with CoinDesk Indices brings sophisticated, structured options to the crypto market for the first time, offering our clients enhanced ways to invest in digital assets with tailored risk and diversification benefits.”

Alan Campbell, President of CoinDesk Indices, noted that the CD 20 Index meets the growing demand for diversified digital asset exposure, and Zerocap’s introduction of structured products tied to it is a significant step forward in serving a global clientele.