The launch of the IX Digital Asset Industry Classification System (“DAICS®”), aiming to provide
the professional worldwide with a transparent and standardized classification scheme to determine sector and
exposure of particular digital assets. It also serves as a tool for asset allocation and portfolio analysis
for digital assets market as well as product development. DAICS® complements IX Capital
International to develop their own competitive digital asset indexes and index products from a robust global
standard.
DAICS® covers both cryptocurrencies and asset-backed tokens (“ABT”), to be reviewed semi-annually
at the end of June and December. On the cryptocurrencies, it is a three-tier system that groups
cryptocurrencies into 5 main industries: 1) Payment, 2) Infrastructure, 3) Financial services, 4) Technology
& Data and 5) Media & Entertainment. These industries are further divided into 17 industry sectors, and
sub-sectors to be introduced in the future. Under asset-backed tokens, there are 6 asset types and 31
branches. They are: 1) Culture, 2) Real Estate, 3) Financials, 4) Entertainment, 5) Natural Resources and 6)
Green Economy.
Initially, DAICS® will only include the top-50(+n1) cryptocurrencies in terms of
market capitalization which already represent over 80% of the market share in terms of market size and
volume. ABT classification work will be added in the next stage when a fair population of popular
asset-backed tokens are available in the market. The current asset types and branches of the ABT category is
to provide a first stage according to more foreseeable industry demand. As the market further matures with
more cryptocurrencies with strong use cases emerge, the Classification System may expand to include more
cryptocurrencies, ABT, industries, sectors and subsectors.
In response to the common global effort to achieve net zero emission by 2030 and 2050 agenda for the 17
sustainable development goals (SDGs) by the United Nations, IX Capital International anticipates that more
tokenisation will adopt the SDGs. Our vision is that ESG and
sustainability is more than environmental impact, which also includes sustainable growth and development,
good governance, better social impact and community engagement. To promote this, the DAICS®
introduces “green” labelling for cryptocurrencies that adhere to the principle of sustainability by
employing energy efficient protocol or making an active effort in minimising environmental damages. Under
the ABT category, a “Green Economy” asset type is introduced for token that represent ownership of the
projects that ahere to the United Nations 17 sustainable development goals. An index which can represent the
Asia Pacific Green Economy is also under study.
More Information :
As of 2025 1H Review Result