TDX Strategies Partners with CoinDesk Indices for Innovative Structured Products
HONG KONG – In a significant move for the digital assets market, TDX Strategies, a quant-driven trading firm specializing in digital assets, has announced a strategic partnership with CoinDesk Indices. This collaboration is set to launch a new suite of structured products that will be intricately linked to the CoinDesk 20 Index (CD 20), as revealed during the recent Consensus event in Hong Kong.
According to TDX Chief Executive Officer Dick Lo, this innovative offering aims to provide investors with a sophisticated means of balancing growth potential with effective risk management in the rapidly evolving digital asset landscape. “Our new offering enables investors to achieve diversified exposure, allowing them to engage with the growth of the digital asset market while ensuring a well-rounded risk profile. This sets a new benchmark in the realm of digital asset investment solutions,” Lo stated.
Lo further remarked, “By incorporating the CoinDesk 20 Index into our existing product portfolio, TDX Strategies is continuing to reshape the structured product landscape within the digital asset ecosystem.” Structured products are unique investment strategies that blend various financial assets with derivatives, creating customized financial instruments tailored to meet the specific needs and objectives of investors.
The latest offering from TDX will effectively provide a pre-packaged strategy that is directly tied to the CoinDesk 20 Index. Currently, TDX’s product suite includes bespoke strategies, directional exposure, and yield enhancement options, catering to a wide array of investor preferences.
The CoinDesk 20 Index is designed for scalability, tracking the performance of the top digital assets using a market cap-weighted methodology. This structure allows for diversified exposure that extends beyond the traditional realms of bitcoin and ether. Since its launch in January 2024, the index has garnered significant attention from institutional investors, achieving a remarkable trading volume of approximately $13 billion.
Alan Campbell, President of CoinDesk Indices, commented on the collaboration, saying, “The CoinDesk 20 has been widely accepted by leading market-making firms, effectively unlocking the digital asset opportunity in a single step. With the substantial institutional interest driving trading volumes of around $13 billion since its January 2024 debut, we are thrilled that TDX Strategies will extend access through these structured products.”
