Hong Kong Virtual Asset Rating Agency (HKVAC) has announced the methodology for calculating its virtual asset index.

BlockBeats reported on June 27th that Hong Kong Virtual Asset Rating Agency (HKVAC) has released the calculation method for its virtual asset index, including the calculation logic, framework, and algorithm. The first batch of 30 cryptocurrencies that make up the index include WBTC, BTCB, stETH, BCH, LTC, BNB, MATIC, ADA, ATOM, FIL, NEAR, ALGO, ICP, XRP, DOGE, DOT, WTRX, SHIB, TRX, LINK, LEO, XMR, XLM, OKB, LDO, HBAR, VET, QNT, FTM, and EOS. HKVAC reviews the cryptocurrencies at the end of each quarter, with the results announced two weeks after the end of the quarter and implemented three weeks after the end of the quarter.