Marex announced a collaboration with CoinDesk Indices to offer a Tracker Certificate Linked to the CoinDesk 20 Index. This product marks the first liquid structured product that provides access to CoinDesk 20 to investors. The CoinDesk 20 is a broad-based index that addresses growing demand from institutional investors for more diverse portfolio options beyond bitcoin ETFs.

Designed for implementation at scale, CoinDesk 20 tracks the performance of top digital assets, applying a capped market capitalization-weighted methodology to enhance diversification. The Marex 12 Months USD Tracker Certificate Linked to theCoinDesk 20 Index will track performance of the index and be supported by secondary market liquidity, allowing investors and traders to adjust their exposure and react promptly to market developments. Secondary market support aligns with one of CoinDesk 20's key objectives: to improve the digital asset marketplace for traditional investors as the most traded digital asset index.

Key features of the certificate include: Fully securitised product linked to the price performance of the CoinDesk 20 Index (less management fees); USD denominated, one-year maturity; Secondary market available (subject to normal market conditions); Future issuances are fully customisable in terms of currency/maturity. Following CoinDesk 20's launch earlier this year, Bullish--the fastest-growing regulated digital asset exchange--launched a new perpetual futures contract on the index, marking an industry first. The CoinDesk 20 perp has attracted substantial institutional interest, driving trading volume toward $6 billion since launch.