Datonomy Partnership: Toward a New, Unified Taxonomy for Digital Assets
- Date:November 17, 2022
- Author(s):
- Joel Hugentobler
- James Wester
- Daniel Gonzalez
- Report Details: 4 pages, 2 graphics
- Research Topic(s):
- Digital Assets & Crypto
- PAID CONTENT
Overview
With financial institutions entering the digital asset and crypto space, a real need has grown for a standard taxonomy that banks, asset managers, financial advisors, and others can refer to when dealing with this developing asset class. Goldman Sachs, investment research company MSCI, and crypto intelligence provider Coin Metrics have teamed to create just a such a tool. The classification system for digital assets, called Datonomy, is similar to other classifications used across capital markets but tailored for managers of digital assets such as cryptocurrencies and non-fungible tokens (NFT). This report looks at this development and offers information on the role the tool will play in the nascent crypto market.
Companies Mentioned:
Coin Metrics, CoinDesk, Compass Financial Technologies, Discord, Goldman Sachs, MSCI, Menai Financial Group, Wilshire
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