CoinDesk Indices Announces New Digital Asset Classification Standard (DACS)
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While some early efforts exist to classify digital assets by their use cases, the complexity has rapidly grown, so a hierarchical structure is needed to help investors navigate digital assets at different granularity levels. DACS provides a non-ambiguous structure throughout its hierarchy – meaning each digital asset is only assigned to one industry, which is included in only one industry group, which is included in only one sector.
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