FTSE Russell partners with SonarX to launch crypto index

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FTSE Russell, a leading global index provider, has partnered with blockchain data infrastructure firm SonarX to expand its digital asset offerings.

This partnership will integrate data from over 100 blockchains, including network fundamentals, token supply, staking, and DeFi metrics, into FTSE Russell’s financial indexes and data products.

The collaboration reflects a growing push to incorporate blockchain data into traditional financial systems. FTSE Russell plans to leverage SonarX’s data to create indexes specifically designed for institutional investors, addressing the rising demand for digital asset exposure.

FTSE Russell, based in London, is renowned for creating indices that track various aspects of the U.K. financial markets. Its flagship index, the FTSE 100, monitors the 100 largest companies in the U.K. by market capitalization and functions similarly to the S&P 500 in the U.S.

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