19 February 2014

Winklevoss Twins Launch Price Index for Bitcoin Named the ‘Winkdex’

The Winklevoss twins really do want to put their name into bitcoin – they have launched a blended bitcoin price index, the ‘Winkdex’ that they say reflects the true price of the virtual currency. The index will be used to price the assets in the brothers’ forthcoming bitcoin trust.


The Winkdex will be offered by Math-based Asset Index LLC, a company operated by the Winklevosses. It was announced today in the brothers’ latest filing with the SEC, an amended version of its July filing describing the Winklevoss Bitcoin Trust.



“We believe that we are establishing an accurate spot price that reflects the true value of a bitcoin and resolves the price confusion that exists due to the various exchanges,” said Cameron Winklevoss, who acts as CEO of MBAI.


Continue reading at CoinDesk



February 19, 2014 at 10:45PM