A “Bitcoin Benchmark Price Index” has been introduced to the Bitcoin commodity market of ArranoCapital, a Hong Kong-licensed company.
MV Index Solutions (MVIS), a consortium of investment management firm VanEck, and CryptoCompare, a digital asset provider, are jointly developing the "Bitcoin Benchmark Price Index" (ticker: MVIBTC) in Arrano's Bitcoin Fund Capital. Bitcoin, which can be registered and traded daily, provides traders with easier access while providing security and safety. These funds are only open to corporate and professional investors and aim to bridge the gap between money management and digital assets. Arrano Capital, the blockchain arm of Venture Smart Asia, a Hong Kong-based venture capital firm, launched its first cryptocurrency transaction in Hong Kong in April and is striving to raise estimates of around 100 million dollars in its first year funding.
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