Bloomberg Launches Digital Asset Analysis Tool to Support Investor Portfolio Management
Summary
- Bloomberg's newly launched digital asset analysis tool is designed to effectively adjust investor portfolio details including virtual assets, according to the report.
- The tool analyzes 80,000 securities and 37,000 funds and ETFs to automatically identify investors' exposure to cryptocurrency-related investments.
- Bloomberg's analysis tool will greatly help investment strategies by enabling investors to quickly and accurately identify their cryptocurrency exposure.
Global financial and business information provider Bloomberg has launched a digital asset analysis tool that includes virtual assets (cryptocurrencies).
According to PR Newswire on the 27th, Bloomberg announced the launch of Digital Asset Exposure Analytics, which allows investors to effectively identify and adjust virtual asset exposure in their portfolio details.
The tool is designed to analyze 80,000 securities, more than 37,000 funds and ETFs (Exchange-Traded Funds), and automatically identify investment exposure to cryptocurrency-related spots, futures, options, and stocks of related companies.
Zane Van Dusen, Bloomberg's Global Head of Risk and Investment Analytics, said, "The question 'How much cryptocurrency exposure does my portfolio have?' seems simple, but finding the answer is much more difficult than expected," adding, "Our analytics tool helps investors quickly and accurately identify their cryptocurrency exposure and adjust it according to their strategy."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
