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Hong Kong Exchanges and Clearing to Launch Crypto Index in November
The index will go live on Nov. 15.
Updated Oct 28, 2024, 9:55 a.m. Published Oct 28, 2024, 9:53 a.m.
- HKEX said the index will provide investors with transparent and reliable benchmarks for Bitcoin and Ether pricing in the Asian time zone.
- The company's CEO said it would "reinforce Hong Kong's role as an international financial center".
Hong Kong Exchanges and Clearing (HKEX) will launch a virtual asset index series on Nov. 15, the company announced on Monday.
"By offering transparent and reliable real-time benchmarks, we seek to enable investors to make informed investment decisions, which will in turn support the development of the virtual asset ecosystem and reinforce Hong Kong's role as an international financial center,” said HKEX CEO, Bonnie Y Chan.
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The index will be administered and calculated by CCData, a UK-registered benchmark administrator and virtual asset data and index provider. CCData is owned by CoinDesk.
The index series will include a reference index for bitcoin and ether , as well as a reference rate for bitcoin and ether.
The reference index is a 24-hour volume weighted reference spot price of bitcoin or ether, using prices aggregated from top-rated virtual asset exchanges. It will be calculated in real-time and denominated in U.S. dollars.
The reference rate is designed for the settlement of financial products, calculated daily at 4:00 pm Hong Kong time.
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Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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