BOSTON (June 22, 2023) – Coin Metrics, the leading provider of crypto financial intelligence, is pleased to announce that it will be supplying its premium reference rate data and index metrics to WealthAgile, a provider of innovative investment management solutions, to bring trusted and reliable digital asset pricing to retail investors through their forthcoming robo advisor platform.
WealthAgile’s new investment management platform will utilize Coin Metrics’ institutional-grade reference rates, empowering retail investors with accurate and transparent digital asset pricing. Coin Metrics will be providing a total of six indexes – five total market indexes and one multi-asset index – which will be leveraged to create investment baskets.
“Coin Metrics is proud to provide our institutional-grade digital asset pricing data and a selection of indexes for WealthAgile’s innovative new platform,” said Tim Rice, co-founding CEO of Coin Metrics. “Many top financial services institutions already rely on Coin Metrics for transparent and robust cryptoasset data, and thanks to this new collaboration, more retail investors will now be empowered with similar high-quality tools as they look to make informed financial decisions.”
WealthAgile is a provider of investment management solutions, dedicated to empowering retail investors with innovative and accessible financial products. With a focus on leveraging AI and data-driven insights, WealthAgile enables individuals to choose and manage their portfolios automatically, while keeping custody of their capital.
“This agreement marks a significant step towards bridging the gap between institutional-grade investment tools and retail investors, making the crypto market more inclusive and accessible to all,” said Timothy Burgess, CEO and co-founder of WealthAgile. “Coin Metrics has developed a strong reputation as the go-to provider for accurate pricing and performance data for digital assets, and now retail investors can look forward to accessing Coin Metrics’ professionally made indexes through WealthAgile’s platform in the coming months.”
Coin Metrics provides transparent, independent, and manipulation-resistant reference rates that are calculated in U.S. Dollars and Euros for over 640 assets. The company’s rates are derived from a multitude of high-quality constituent markets, with a calculation methodology that is fully transparent to all participants and robust to manipulation. In addition, Coin Metrics offers benchmarks that adhere to the IOSCO Principles for Financial Benchmarks and are used by a variety of asset managers and trading venues to power their investment products.
Coin Metrics data is relied on by many top financial services institutions, as there is an increasing need for reliable price data to redisplay to market participants.
ABOUT COIN METRICS:
Coin Metrics is the leading provider of crypto financial intelligence, offering network data, market data, indexes and network risk solutions to the most prestigious institutions touching cryptoassets. Established in 2017, Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with the highest standards of clarity and precision. Coin Metrics puts unparalleled insight and accuracy into crypto data and analytics so that companies can accelerate value creation and minimize risk. For more information, visit www.coinmetrics.io.
WealthAgile is a provider of investment management solutions, dedicated to empowering retail investors with innovative and accessible financial products. With a focus on leveraging AI and data-driven insights, WealthAgile enables individuals to choose and manage their portfolios automatically, while keeping custody of their capital. For more information, visit www.wealthagile.com.