Goldman Sachs partners with MSCI and Coin Metrics to develop cryptocurrency classification system

Goldman Sachs will partner with index provider MSCI and crypto data firm Coin Metrics to develop a cryptocurrency classification system and offer services to institutional investors to help them better understand cryptocurrencies, The Block reported. It is reported that the system divides digital currencies into categories, industries and sub-sectors, and fund managers will be able to analyze cryptocurrencies from a more specific perspective.

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