According to Foresight News, market maker Wintermute and crypto media company The Block have partnered to launch a digital asset index provider called GMCI, aimed at providing a new benchmark for cryptocurrencies. The flagship product, 'GMCI 30', is designed to track the price performance of the top 20 digital assets by market capitalization. In addition, GMCI will offer a range of industry-specific indices built specifically for digital assets, such as those tracking Layer 1, Layer 2, and DeFi protocols.
Maarten Botman, who has over 15 years of experience at GMCI, has been appointed as the CEO. Wintermute CEO Evgeny Gaevoy and The Block CEO Larry Cermak will serve as members of the GMCI board. Wintermute is committed to supporting products based on GMCI indices, while The Block has launched a crypto index website to track the performance of all GMCI indices.