Techub News reports that, according to Cointelegraph, Circle's stock has risen to 13% in VanEck's digital asset index MVDAPP, becoming the largest component. The index aims to track the performance of large, high Liquidity companies in the Crypto Assets space. To be included in the MVDAPP index, a company must derive at least 50% of its revenue from digital assets. VanEck's digital asset research head Jeremy Allaire stated, "Our total holdings now exceed those of Circle CEO Jeremy Allaire."
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Techub News reports that, according to Cointelegraph, Circle's stock has risen to 13% in VanEck's digital asset index MVDAPP, becoming the largest component. The index aims to track the performance of large, high Liquidity companies in the Crypto Assets space. To be included in the MVDAPP index, a company must derive at least 50% of its revenue from digital assets. VanEck's digital asset research head Jeremy Allaire stated, "Our total holdings now exceed those of Circle CEO Jeremy Allaire."