FTSE Russell Plans to Develop Crypto Index With Over 40 Digital Assets: Report

FTSE Russell Plans to Develop Crypto Index With Over 40 Digital Assets: Report
FTSE Russell, the company behind the benchmark index of the U.K. stock market, is planning the development of a crypto index containing 43 digital assets, according to a report from London-based business newspaper City AM, published on Monday.The index will “sit alongside” the FTSE 100 and Russell 2000, said Kristien Mierzwa, the head of ETF strategy and business development for the FTSE Russell.FTSE Russell is a subsidiary of the London Stock Exchange which produces market indices.“Right now we’ve got 43 assets which have made their way through the vetting process,” Mierzwa said. “This was clearly becoming a market that people…