CoinDesk Indices Launches the Digital Asset Classification Standard, a Roadmap for Investing

CoinDesk Indices Launches the Digital Asset Classification Standard, a Roadmap for Investing
The digital asset industry has grown at a rapid pace since the inception of bitcoin in 2008, accelerating greatly over the few years. This booming new asset class, now worth more than $3 trillion, has produced thousands of different projects with a wide variety of use cases and applications.That extraordinary growth has created a commensurate amount of complexity. To help investors better understand the digital asset space, CoinDesk Indices is introducing the Digital Asset Classification Standard (DACS). The DACS will provide the market with structure and transparency to help classify and simplify the industries inside the asset class.Using a classification…