Cryptocurrency

Cryptocurrencies have new indicator: NRI/UI

On previous occasions we have exposed about how the world has been supporting and adapting the cryptocurrencies. Highlighting that there are people who adapt the world to understand the cryptocurrencies. Meanwhile, on the other hand, it designs platforms for criptos come into the world, as is the case today with NRI/UI.

Financial Indicators

A common act among the financial institutions is to make decisions on the basis of the market indicators, since it allows them to understand the situation. However, there exists a problems in dealing of cryptocurrencies, being scarce the diversity of indicators needed. With this we mean that, effectively, there are certain indicators of the crypto market, as it is our tool Crypto Online. The problem lies that this is one of the few indicators that exist, since it only measures prices. Although, it should be noted that there are firms or institutions that have higher indicators, as is the case of Binance or the same Bank of America. The reason why possess this possibility is for two reasons. In the case of Binance because they handle volumes, unrivalled cryptocurrencies, to be the exchange world’s largest. While JP Morgan has the money to pay for his own computer analysis of the crypto market. Therefore, it is a minority that have access to the financial indicators of cryptocurrencies that are used in financial assets-traditional. One in particular, which we have mentioned above, are the rates of return on investments for cryptocurrencies. Clarifying that, in the end this indicator is a calculation that the institutions could calculate by themselves to find the information and put the processors. Stressing that these measures are additional costs that not all institutions can cover.

NRU/IU

Therefore, by observing this unmet demand in the world of cryptocurrencies, the visionaries began to move to solve the problem. Being MV Index Solutions (MVIS) and the Intelligence Unit (IU), with support from Nomura Research Institute, Ltd. (NRI), designed jointly by the NRI/UI Crypto-Asset Index to financial institutions. Highlighting that, in principle, is designed for financial institutions Using the platforms of index criptoactivos provided by MVIS and CryptoCompare, the world leader in data cryptocurrencies, the index invertible offers you a complete solution of investment for financial institutions in japan, as well as for global investors. The NRI/IU offers a point of reliable reference to evaluate the performance to provide points of reference constructed with a clear methodology and transparent. Designed for institutional investors and japanese exchanges cryptocurrencies considering the local availability, the JPY and the USD. “We are pleased to present this index to the Intelligence Unit and the Nomura Research Institute,” said Thomas Kettner, Managing Director of MVIS. “We are pleased to offer you our services and our extensive experience in indexing of digital assets for the japanese market”. This can provide indicators of cryptocurrencies necessary for the institutions, with a lower cost if calculated by themselves. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.

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