The new taxonomy makes it possible to view digital assets in a more transparent manner.
Goldman Sachs, along with MSCI and Coin Metrics, has announced the launch of Datanomy, which is delivered as a new data service and can be licensed for different use cases, including reviewing and assessing portfolio performance. Based on how they are used, Datanomy classifies coins and tokens.
Participants in the market would be able to view and analyze the ecosystem, increasing transparency in how the markets are moving. The owner and sole administrator of this classification system will be MSCI. They would receive inputs from the Datanomy advisory boards consisting of Goldman Sachs, Coin Metrics, MSCI, and other third-party members, which will be announced later.
With the rapid expansion of the digital assets space in the last few years, participants in this space are getting even more keen to understand these markets and be active investors. Anne Marie Darling, Head of Marquee Client Strategy and Distribution at Goldman Sachs, had this to say: “The collaboration brings together MSCI’s expertise in critical decision support tools and services, Coin Metrics’ intelligence in the digital assets space, and Goldman Sachs’ innovative platforms paired with over 150 years of experience in financial markets to help solve this problem for clients.”