Frankfurt (16 December 2020) – Today, MV Index Solutions GmbH (MVIS®) in cooperation with Weiss Crypto Ratings,  the only financial ratings agency that provides a combination of five critical advantages for users and in partnership with CryptoCompare, the global leader in digital asset data, announced the launch of the Weiss MVIS Top Tech Adoption Rating Index (ticker: MVWTAR).

The Weiss MVIS Top Tech Adoption Rating Index (ticker: MVWTAR) is designed to track the performance of the largest digital assets, which have a top tech adoption rating by Weiss Ratings LLC. All digital assets with a Weiss Tech Adoption Rating of B- or better qualify for the index.

“We are proud to cooperate with Weiss to incorporate their industry-leading digital asset rating methodology into a unique new index. The index aims to include digital assets with high quality underlying technology and a high rate of adoption. With this index we are moving the industry into factor-based digital asset portfolio construction,” said Steven Schoenfeld, CEO of MV Index Solutions.

The Weiss MVIS Top Tech Adoption Rating Index (ticker: MVWTAR) is calculated in USD with fixed exchange rates and rebalances on a monthly basis.  The weightings are capped at 50%.

Detailed information about the Index, including methodology details and index data, are available on the MV Index Solutions website.