Goldman Sachs is looking to provide institutional clients with an online resource called Datonomy to wrap their heads around the hundreds of coins and tokens that constitute the $1.05 trillion industry. The Wall Street giant described Datonomy as a joint project with global index provider MSCI and Coin Metrics.
Stephane Mattatia, head of Thematic Indexes at MSCI, acknowledged that the digital assets ecosystem is evolving rapidly with investor demand for tools and solutions to help navigate the new asset class. Anne Marie Darling, head of Marquee Client Strategy and Distribution at Goldman Sachs, said the collaboration brings together MSCI’s expertise in critical decision support tools and services, Coin Metrics’ intelligence in the digital assets space, and Goldman Sachs’ innovative platforms teamed up with over 150 years of experience in financial markets to help solve this problem for clients.
They are looking forward to offering market participants a consistent view of the market. Mattatia said MSCI is leveraging its general experience of what has worked in equities classification systems to offer an efficient investment tool helping clients to understand digital asset trends, identify investment opportunities and measure the exposure of their portfolios by sector to discover drivers of performance and risk.
Tim Rice, CEO of Coin Metrics, said the firm is committed to bringing transparency into this ever evolving and complex market to help clients better understand and adopt it. The collaboration is a significant leap for the industry, to establish a coherent and future-proof structure to monitor and analyze the digital assets ecosystem.