Goldman Sachs, MSCI, and Coin Metrics announced the launch of datonomy, anew classification system for the digital assets market. Delivered as anew data service, datonomy classifies coins and tokens based on how they are used. Designed to provide a consistent, standardized way to help market participants view and analyze the digital assets ecosystem, datonomy will help create an increased level of transparency into how the market is moving and can be licensed for a variety of use cases, such as the review and assessment of portfolio performance and reporting.

MSCI is the owner and sole administrator of this new classification system and may receive input on potential changes from the datonomy Advisory Board (“Advisory Board”) as well as other market participants. The Advisory Board members will be comprised of Goldman Sachs, MSCI, and Coin Metrics, in addition to third-party members that can provide expertise on maintaining datonomy. Inaugural third-party members will be announced at a later date.

The digital assets space has rapidly expanded over the last few years, with constant innovation through the creation of new protocols and applications. Digital assets participants are keen to understand this market across its wide variety of use cases, allocate capital, and manage investments. As the asset class evolves further and market volatility continues, there is an increased need for performance tracking and risk management in digital asset markets.

To do this effectively, market participants need help navigating the universe of digital assets and organizing these assets into categories to better define their risk profile and understand their returns. Datonomy has been designed to fill this gap as the digital assets market matures and can serve directly as the basis for portfolio management, reporting, benchmarking, research, and analysis. This new classification system for digital assets aims to provide market participants with a consistent view of the market, allowing them to track trends across different industries, such as Smart Contract Platforms and Decentralized Finance, screen assets by a range of different filters based on their objectives, and understand aggregated properties of these assets at the portfolio level.

Datonomy can be accessed as adirect data subscription feed from Goldman Sachs, MSCI, and Coin Metrics.