Galaxy-Backed Investment Platform Truvius Taps CoinDesk Indices for Digital Asset Portfolios

The sectors Truvius will offer on its platform include currency, DeFi, smart contracts, and others based on CDI's Digital Asset Classification Standard.

AccessTimeIconJun 21, 2023 at 1:00 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Digital asset portfolio provider Truvius is to use CoinDesk Indices' (CDI) classifications to offer thematic crypto exposure through its investment platform.

The aim of the collaboration is to offer automated portfolios tracking indices across a range of areas in the digital asset industry.

Boston, Mass.-based Truvius, which is backed by digital asset financial services provider Galaxy Digital's venture arm, provides index-based digital asset portfolios to individual and institutional investors.

Crypto-focused financial services firm Galaxy Digital is led by crypto billionaire Mike Novogratz and CoinDesk Indices is a subsidiary of CoinDesk.

Truvius will offer automated portfolios for sectors, including currency, decentralized finance (DeFi), smart contracts, amongst others based on CDI's Digital Asset Classification Standard (DACS), which seeks to categorize the top 500 digital assets by market capitalization.

The advantage of such indices is in allowing firms like Truvius to create index-linked products such as exchange-traded funds (ETF), which helps to attract investors who prefer passive rather than active exposure to an asset or basket of assets, akin to what they would find in the traditional finance world.

Edited by Parikshit Mishra.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by, a firm with interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets including bitcoin and EOS. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.