MarketVector and Coinbase Launch Index Tracking Bitcoin and Tokenized Gold

MarketVector Indexes is a regulated European index administrator, while Coinbase Asset Management specializes in digital asset management. Their combination of Bitcoin and Pax Gold, which tracks the price of physical gold, reflects demand for a benchmark that pairs the growth potential of crypto assets with gold’s safe-haven characteristics.

The companies launched the Coinbase Store of Value Index on April 9, 2026, comprising Bitcoin (BTC) and Pax Gold (PAXG), which has a market capitalization of about $2.5 billion. The index uses an inverse-volatility model that dynamically assigns greater weight to the less volatile asset. It is rebalanced quarterly and calculates price returns in U.S. dollars.