PRESS RELEASE

MVIS CryptoCompare Institutional Bitcoin Index Licensed to Ninepoint Partners LP

MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare announced the licensing of the MVIS CryptoCompare Institutional Bitcoin Index (MVIBTC) to Ninepoint Partners LP (Ninepoint Partners) for the use in a fund.

  • January 28, 2021

MVIS CryptoCompare Institutional Bitcoin Index Licensed to Ninepoint Partners LP

Frankfurt (28 January 2021) –Today, MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the MVIS CryptoCompare Institutional Bitcoin Index (MVIBTC) to Ninepoint Partners LP (Ninepoint Partners) for the use in a fund. The fund’s investmentobjectives are to seek to provide its unitholders with exposure to the digitalcurrency Bitcoin through an institutional-quality, cost-efficient platform, andto provide a secure, simpler and exchange-traded investment alternative forbuying and holding Bitcoin.

“We are pleased to license our Institutional Bitcoin Index to Ninepoint, providing their new fund with a transparent and reliable benchmark,” stated Steven A. Schoenfeld, CEO of MV Index Solutions. ”As a pioneer of Digital Asset indices, we are committed to providing fund sponsors and their investors with the tools to measure the dynamic cryptocurrency markets,” he added.

“Entering the digital asset space with the launch of our fund marks a milestone at Ninepoint Partners”, says James Fox, Managing Partner and Co-CEO, Ninepoint Partners. “With the help of best in class service providers like MVIS we are able to provide both institutional and retail investors with a better, more reliable way to access investment exposure to Bitcoin.”

“We are excited to provide Ninepoint Partners with a robust underlying index for their product. This benchmark follows our mission to enable the expansion of high-quality, institutional-grade digital asset products,” said Quynh Tran-Thanh, Chief Product Officer of CryptoCompare.

MVIS CryptoCompare Institutional Bitcoin Index (MVIBTC), launched on 25 November 2019, is a rules-based index which measures the performance of a digital assets portfolio that invests in Bitcoin, priced from selected exchanges. These exchanges currently include Binance, Bitflyer, Bitstamp, Coinbase, Gemini, itBit and Kraken.

Detailed information about the index, including methodology details and index data is available on the MV Index Solutions website.

Key Index Features
Number of Components: 1
Base Date: 12/31/2013
Base Value: 100

END

Media Contacts

Carmen Bercea, CryptoCompare
press@cryptocompare.com

Séverine Thäsler-Jäger, MV Index Solutions
+49 (0)69 4056 695 53
media-enquiries@mvis-indices.com

Note to Editors:
About MV Index Solutions - www.mvis-indices.com
MV Index Solutions (MVIS®) develops, monitors and licenses the MVIS Indices and BlueStar Indexes, a selection of focused, investable and diversified benchmark indices. The indices are especially designed to underlie financial products. MVIS Indices cover several asset classes, including equity, fixed income markets and digital assets and are licensed to serve as underlying indices for financial products. Approximately USD 24.98 billion in assets under management (as of 26 January 2021) are currently invested in financial products based on MVIS/BlueStar Indices. MVIS is a VanEck company.

About CryptoCompare - https://data.cryptocompare.com
CryptoCompare is the global leader in digital asset data. Institutional and retail investors rely on the company for real-time, high-quality data spanning 5,000+ coins and 200,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.

About Ninepoint Partners - https://www.ninepoint.com/
Based in Toronto, Ninepoint Partners is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including North American Equity, Global Equity, Real Assets & Alternative Income.

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