SAN ANTONIO, Texas–(BUSINESS WIRE)–Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Firm”) as we speak introduced that its wholly owned funding adviser, Victory Capital Administration Inc., has established unique agreements with each Nasdaq and crypto-focused asset supervisor Hashdex Ltd. (“Hashdex”) upfront of plans to enter the cryptocurrency market. Victory Capital would be the unique sponsor of personal placement funds and different autos for U.S. traders, based mostly on the Nasdaq Crypto Index (NCI), a multi-coin crypto index co-developed by Nasdaq and Hashdex.
Victory Capital plans to launch a personal fund for accredited traders that can monitor the NCI. Moreover, Victory Capital can be providing non-public funds that monitor the Nasdaq Bitcoin Reference Worth Index in addition to the Nasdaq Ethereum Worth Index. Hashdex will present its buying and selling and asset administration experience to every of those merchandise.