FTSE Russell, a leading global index provider, has partnered with blockchain data infrastructure firm SonarX to expand its digital asset offerings. This partnership will integrate data from over 100 blockchains, including network fundamentals, token supply, staking, and DeFi metrics, into FTSE Russell’s financial indexes and data products. The collaboration reflects a growing push to incorporate blockchain data into traditional financial systems. FTSE Russell plans to leverage SonarX’s data to create indexes specifically designed for institutional investors, addressing the rising demand for digital asset exposure. FTSE Russell, based in London, is renowned for creating indices that track various aspects of the U.K. financial markets. Its flagship index, the FTSE 100, monitors the 100 largest companies in the U.K. by market capitalization and functions similarly to the S&P 500 in the U.S. You might also like: Arizona Senate committee advances Bitcoin reserve bill Crypto indexes Indexes serve as benchmarks to track market performance or specific asset classes, offering investors a standardized way to measure growth and allocate funds. “Indices are the cornerstone of efficient financial markets, and high-quality data is the foundation on which they are built,” said Jesse Bornstein, SonarX’s Global Head of Business Development. This partnership underscores how traditional finance is adapting to emerging technologies. Blockchains, decentralized digital ledgers that power cryptocurrencies like Bitcoin, are becoming integral to the financial ecosystem. Decentralized finance uses blockchain to provide financial services without banks. By integrating blockchain data into indices, FTSE Russell aims to make digital asset markets more accessible to investors. The collaboration highlights the growing maturity of blockchain’s role in global finance, blending SonarX’s expertise in blockchain data with FTSE Russell’s reputation in financial indexing. This move could open new investment opportunities in the digital economy. You might also like: Scott Bessent confirmation sparks crypto policy speculation in Trump administration