BlocksInform
An upcoming offer from forusall will allow employees to allocate a portion of their 401(k) holdings directly within the 28 components of the Coindesk Market Select (cmis) Index.
"By leveraging CMIS, we can provide sophisticated self-directed investors access to a broad, diversified universe of the largest and most liquid crypto assets," ForUsAll CEO David Ramirez said in a press release that noted this is the first index-based digital asset offering available on a 401(k) platform in the U.S.
CoinDesk Indices (CDI) is the creator of the Digital Asset Classification Standard (DACS). Cmis uses additional dacs and eligibility criteria when determining its constituents.
$23,278.63
$1,625
BNB$296.19
XRP$0.37474268
$12.68"CMIS offers exposure to digital assets with confidence that the assets meet our quality standards intended for tradability," said Jodie Gunzberg, managing director for CoinDesk Indices. It noted that the index rules first eliminated ftt (the ftx trading token now in bankruptcy) because it was not priced by at least two qualifying grants.
Coindesk is a coindesk company.
$23,278.63$1,625
BNB$296.19
XRP$0.37474268
$12.68DISCLOSURE
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