MVIS and CryptoCompare Launch the MVIS CryptoCompare Solana VWAP Close Index, the MVIS CryptoCompare Polkadot VWAP Close Index and the MVIS CryptoCompare TRON VWAP Close Index

Designed to measure the performance of a digital assets portfolio

FRANKFURT, Germany--(BUSINESS WIRE)--MV Index Solutions GmbH (MVIS^®) in partnership with CryptoCompare, the global leader in digital asset data, today announced the launch of the MVIS CryptoCompare Solana VWAP Close Index (ticker: MVSOLV), the MVIS CryptoCompare Polkadot VWAP Close Index (ticker: MVDOTV) and the MVIS CryptoCompare TRON VWAP Close Index (ticker: MVTRXV).

The three indices are designed to measure the performance of the respective digital assets - Solana, Polkadot and TRON, with a closing value based on an hourly Volume Weighted Average Price (VWAP).

"MVIS is happy to launch these additional indices based on our VWAP methodology. They are a complement to our respective Bitcoin and Ethereum indices already underlying ETNs traded in Europe," said Thomas Kettner, COO of MV Index Solutions.

“We are delighted to provide market participants with three more transparent benchmarks that measure the performance of some of the most popular digital assets. These new additions to the MVIS CryptoCompare index family further address the growing demand for regulated digital asset investment products,” said Charles Hayter, CEO and Co-Founder of CryptoCompare.

The MVIS CryptoCompare Solana VWAP Close Index (ticker: MVSOLV), the MVIS CryptoCompare Polkadot VWAP Close Index (ticker: MVDOTV) and the MVIS CryptoCompare TRON VWAP Close Index (ticker: MVTRXV) are rules-based indices which cover the broadest CCCAGG pricing provided by CryptoCompare, calculated in USD as price return indices. Detailed information about the Indices, including methodology details and index data, is available on the MV Index Solutions website.

Key Index Features
MVIS CryptoCompare Solana VWAP Close Index (ticker: MVSOLV)
Number of Components: 1
Base Date: 31 July 2020
Base Value: 10

Key Index Features
MVIS CryptoCompare Polkadot VWAP Close Index (ticker: MVDOTV)
Number of Components: 1
Base Date: 31 December 2018
Base Value: 100

Key Index Features
MVIS CryptoCompare TRON VWAP Close Index (ticker: MVTRXV)
Number of Components: 1
Base Date: 30 September 2020
Base Value: 100

Note to Editors:
About MV Index Solutions - www.mvis-indices.com
MV Index Solutions (MVIS®) develops, monitors and licenses the MVIS Indices, a selection of focused, investable and diversified benchmark indices. The indices are especially designed to underlie financial products. MVIS Indices cover several asset classes, including equity, fixed income markets and digital assets and are licensed to serve as underlying indices for financial products. Approximately USD 31.77 billion in assets under management (as of 30 June 2021) are currently invested in financial products based on MVIS Indices. MVIS is a VanEck company.

About CryptoCompare – https://data.cryptocompare.com
CryptoCompare is a global leader in digital asset data providing institutional and retail investors with real-time and historical data spanning 5,500+ coins and 250,000+currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare offers a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.