Business
MarketVector Indexes and Coinbase Asset Management Launch the Coinbase Store of Value Index (COINSOV)
Rules-based index combining Bitcoin and gold to address evolving store-of-value-needs FRANKFURT, Germany--(BUSINESS WIRE)-- MarketVector Indexes™
About this update from Coinbase Global, Inc.
[{"type":"text","content":"\nRules-based index combining Bitcoin and gold to address evolving store-of-value-needs\n\n\n FRANKFURT, Germany--(BUSINESS WIRE)--\nMarketVector Indexes™ (“MarketVector”), a global index provider specializing in thematic and digital asset benchmarks, today announced the launch of the Coinbase Store of Value Index (COINSOV), developed in partnership with Coinbase Asset Management, reflecting a shared focus on delivering institutionally governed benchmarks that integrate digital and traditional assets within a single, rules-based framework.\n\n\nThe definition of “store-of-value” is expanding beyond a “gold-only” approach. Against a backdrop of increasing global debt, rising deficits, and persistent monetary debasement, investors are looking for ways to preserve their wealth.\n\n\n“We believe this index represents a meaningful evolution in store-of-value investing. In a world of fiscal dominance, the future belongs to scarce assets that cannot be printed and are not an obligation of a government or private issuer,\" said Anthony Bassili, President at Coinbase Asset Management.\n\n\nCOINSOV is a rules-based benchmark that combines Bitcoin and gold in a volatility-aware framework designed to help preserve purchasing power across market cycles. The index dynamically adjusts its allocation between Bitcoin and gold based on inverse volatility and rebalances quarterly, seeking to capture Bitcoin’s upside potential while maintaining a drawdown profile more comparable to gold. MarketVector research covering the period from 2017 through 2025 indicates that this approach has delivered stronger risk-adjusted returns that static Bitcoin–gold allocations and several widely followed benchmarks, while experiencing materially smaller drawdowns than a simple 50/50 blend.\n\n\n“MarketVector brings deep expertise in constructing indexes that bridge digital and traditional assets within an institutional framework,” said Martin Leinweber, Director of Digital Asset Research and Strategy at MarketVector Indexes. “The Coinbase Store of Value Index reflects our ability to combine Bitcoin and gold through transparent, rules-based construction, offering a disciplined approach to capital preservation in a changing macro environment.”\n\n\nThe launch of the COINSOV benchmark builds on MarketVector’s hard asset–linked equity indexes and its digital asset inde...