Zug, May 3, 2023 - Bitcoin Suisse Research today announced the publication of the Bitcoin Suisse Global Crypto Taxonomy to support their clients, partners, and prospects in making informed investment decisions within the expanding and maturing crypto market. Along with the Taxonomy, a list containing more than 300 crypto assets classified according to the sectors and sub-sectors defined in the Taxonomy, representing 98.3% of the current crypto market cap, has been published.
Geared towards financial service providers in crypto and traditional finance, the Taxonomy aims to be the first product-capable instrument of its kind. As a professional tool for investment managers, assets in various sectors with sufficient liquidity and market capitalization may be structured to produce well diversified, high-quality investment products based on the rigorous methodology and framework of the Taxonomy.
Dr. Dirk Klee, CEO Bitcoin Suisse, added: “The crypto sector is still a young industry that is slowly maturing. In an unusual move, we make a case for the open-source spirit of the crypto world by publishing the entirety of our new Global Crypto Taxonomy. Making it available enables us to be challenged, to receive feedback, and to further improve. The Taxonomy provides investors, asset managers, and hedge funds with the possibility to use a high-quality framework as a solid foundation to build bankable products on top of crypto assets. In short, it makes crypto usable for traditional finance and is a further step in our ambitions to enter crypto asset management and be the leading crypto investment house.”
The Taxonomy helps research analysts, investors, and asset managers to better understand the applications of various cryptocurrency protocols and navigate the complex space, as it offers clear definitions for all sectors and sub sectors. It is at launch the only taxonomy on the market to offer explicit inclusion and exclusion criteria for market segmentation. These rules simplify the complex process of classification and help make discretionary elements objective.
Dr. Marcus Dapp, Head of Research at Bitcoin Suisse, said: “Based on a crypto-native approach, we started off from scratch to build a tool that helps investors to better understand the structure of the crypto space. The inclusion and exclusion criteria provide a replicable, robust rule set for the classification process that stands out in its ambition for transparency”.
With a lean yet flexible 2-tier structure of six sectors and 25 sub-sectors, expected to remain stable over a multi-year period, the Taxonomy provides room to add new sub-sectors as the crypto market differentiates further. Beyond segmenting the current crypto market, the Taxonomy supports the analysis and identification of growth sectors and general market trends over time.
The Taxonomy is periodically reviewed and updated, and can be used under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International framework. For further details, please have a look at our dedicated homepage.
