Author: Wolfie Zhao / Source: CoinDesk
Cryptocurrency exchange Huobi Pro is launching a new market index for its customers, the company announced Wednesday.
The Huobi main force index will track 10 different digital assets traded against tether (USDT), a dollar-pegged cryptocurrency, on its platform in real time, according to a press release.
The index will “reflect the overall performance of Huobi Pro market,” allowing investors to see a single aggregated feed rather than having to check on individual assets one at a time.
The index will use weighted samples, according to the press release, which explained that the index divides digital assets into four categories: digital asset, platform, application and real asset substitute (not included in the…