Crypto analytics company Coin Metrics has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes

Cryptocurrency analytics company Coin Metrics announced that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes. The announcement was made in a blog post published on June 7.

Per the announcement, the acquired company will be rebranded to Coin Metrics Bletchley Indexes (CMBI). The newly acquired firm — following the relaunch — “will leverage Coin Metrics’ on-chain and market data expertise to expand the family of indexes to include such smart beta indexes based on key network metrics.”

Furthermore, all of Bletchley’s current indexes will be relaunched using Coin Metrics’ network and market data. The first CMBI indexes are set to be market capitalization weighted and cover the top crypto assets, according to several criteria.

Investopedia describes smart beta investing as a strategy combining the benefits of passive and active investing strategies, aiming to obtain alpha, lower risk or increase diversification at a cost lower than traditional active management.

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Source: https://cointelegraph.com/news/crypto-analytics-firm-coin-metrics-acquires-bletchley-indexes