MSCI is partnering with Menai Financial Group to develop tools for institutional investors who are looking to capitalise on the growth of digital assets and blockchain technology.
The alliance with Menai, a provider of institutional-grade digital asset investment products and trading services, marks one of MSCI’s first collaborations in the digital asset space.
Together they will develop solutions that will help investors navigate this market, understand challenges and opportunities as well as to capitalise on emerging opportunities and developments as the rapidly growing industry drives technological change.
They also aim to help institutional investors identify and understand the investment universe for digital assets and the relationship between digital assets and traditional assets.
The collaboration between MSCI and Menai comes at a time when institutional investors are increasingly considering opportunities within the digital asset class.
As investor interest grows, MSCI said it has recognised the demand for robust frameworks and analytical tools to help provide insights into performance, risk and classification within this emerging asset class. “
Digital assets often get conflated with cryptocurrencies, but the market is far larger than that,” said Henry Fernandez, Chairman and CEO of MSCI.
He added, “Applications associated with digital assets are transforming long-established technologies such as payment, trading and settlement systems, among others. While investors are eager to enter the digital asset market as it matures, there is need for a robust suite of tools to gain reliable insight into the space.”
Zoe Cruz, Founder and CEO of Menai Financial Group, said, “Institutional players are keen to participate in the digital asset markets, but have historically struggled to find the means to do so in a way that meets the high standards of professionalism, scale, risk management, security and rigor required by traditional financial markets. We look forward to working together with MSCI as it provides institutional investors with transparent, secure and efficient solutions to help navigate the digital assets space.”
©Markets Media Europe 2021
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