HKEX Unveils Virtual Asset Index to Strengthen Hong Kong's Crypto Market

The new index series will provide real-time Bitcoin and Ether pricing benchmarks as Hong Kong expands its crypto licensing framework.

HKEX's Virtual Asset Index Series will launch on November 15, offering a single reference price for Bitcoin and Ether in the Asia-Pacific region.
The index aims to address pricing discrepancies by providing a volume-weighted average from multiple top-rated exchanges.
HKEX's initiative aligns with the Hong Kong Securities and Futures Commission's efforts to expand digital asset exchange licenses.
The index series is compliant with the European Union Benchmarks Regulation, marking it as a first in Hong Kong.
CCData, a UK-based benchmark administrator, will manage the index, which supports Hong Kong's ambition to be a leading digital assets hub.