HONG KONG SAR - Media OutReach Newswire - 10 January 2025 - Today, IX Asia Indexes announced the 2024 4^th quarter review of ixCrypto Index Series and IX Digital Asset Industry Index Series. The constituent changes will be effective on 17^th January 2025 (Friday). The results of the constituent review and exchange review are as follows:

1. Constituent Review - ixCrypto Index Series

1.1 ixCrypto Index ("IXCI")

The number of constituents will remain unchanged at 19 constituents with 2 additions and 2 deletions.

1. Stellar

2. Sui

Deletions

1. Aptos

2. Polygon

After the change, the free float adjusted market capitalization coverage is 82.62%*, while the 90-day-average volume is 77.39%* (excluding stable coin which has 6.21% of the total crypto universe). The constituents change above and recapping at 40% will be effective on 17 January 2025 (Friday).

Since the last review, there has been an increase in the crypto total market capitalization from USD2.17tn to USD2.89tn (+33.18%)^#, and a increase in the daily volume from USD71.42bn to USD152.20bn (+113.11%)^#. Bitcoin remains as the largest crypto in the constituent list, with its price has increased by 41.15% since the last review.

1.2 ixCrypto Portfolio Indexes

1.2.1 ixCrypto 5 Equal Weight Index ("IXEW5") and ixCrypto 5 Square Root Index ("IXSR5")

Addition

No addition

Deletion

No deletion

1.2.2 ixCrypto 10 Equal Weight Index ("IXEW10") and ixCrypto 10 Square Root Index ("IXSR10").

Addition

No addition

Deletion

No deletion

1.2.3 ixCrypto Altcoin 10 EW Index ("IXAEW10") and ixCrypto Altcoin 10 SR Index ("IXASR10").

Addition

1. Chainlink

Deletion

1. Polkadot

1.3 ixCrypto BTC/ETH Indexes

As of 31^st December 2024, the market capitalization represented by the two indexes IX Bitcoin Index (IXBI) and IX Ethereum Index (IXEI) in ixCrypto BTC/ETH 5050 Index ("IX5050") was 40.99%/59.01% respectively, a change from 43.69%/56.31% from 30^th September 2024.

As of 31^st December 2024, the market capitalization represented by the two indexes IXBI and IXEI in ixCrypto BTC/ETH Proportional Index ("IXPI") was 43.69%/56.31% respectively, a change from 40.99%/59.01% from 30^th September 2024.

The weight of IXBI & IXEI will be adjusted to 81.60%/18.40% respectively, at effective date 17^th January 2025 from 78.19%/21.81% on 18^th October 2024 (last effective date).

2. Constituent Review- IX Digital Asset Industry Index Series

2.1 ixCrypto Stablecoin Index

The number of constituents will increase to 5 with 1 addition and no deletion. Stable coin comprises 6.21% of the total crypto universe, and ixCrypto Stablecoin Index covers around 99.26% of the 90-day average market capitalization in stablecoin universe.

Addition

1. Ethena USDe

Deletion

No deletion

2.2 ixCrypto Infrastructure Index

The number of constituents will increase to 23 constituents, with 2 additions and no deletions.

Additions

1.Sui

2. Fantom

Deletion

No deletion

3. Exchange Review

As a result of exchange review, 10 exchanges passed the review process, which are as follows:

Passed Exchanges

1. Binance

2. Bitrue (New)

3. Bybit (New)

4. Upbit

5. Whitebit

6. Coinbase Advanced

7. OKEX

8. Gate.io

9. DigiFinex

10. Bitget

Removed Exchanges

1. P2PB2P

2. Huobi Global

The selected 10 exchanges will be taken to generate each of the fair average prices for the IX indexes' constituents. The exchange review covers volume rankings, exchange background checking, founders' background checking, USD/USDT/USDC/BTC pairs coverage, overconcentration rules, exchange API coverage checking and stability etc for an exchange.

After the meeting, IX Asia Indexes announces that the IX Asia Indexes will adopt a revised exchange selection methodology to reduce the number of selected exchanges from 10 to 8. This means each index constituent's price will be an average of 8 instead of 10. This change has been approved by the IX Asia Indexes Index Advisory Committee and will take effect together with the next quarter's review effective date in April 2025. The revision aims to raise the data stability and exchanges credit ratings that already have high market volume coverage. This strategic update reinforces our commitment to providing accurate, reliable, and high-quality benchmarks for the digital asset market.

For more details about our exchange selection criteria, please email info@ix-index.com

More details about the ixCrypto index, including their constituents, constituents' weight are provided in the Appendices, or refer to the website https://ix-index.com/

*Exclude stable coins and exchange coins (based on conflict-of-interest rule methodology effective Oct 2, 2020)

#As of 31 December 2024, based on past 90 days average

Appendix 1

ixCrypto Index ("IXCI")

Appendix 2

As of 31 December 2024

* 90-day-average-volume ranking in total market is shown in the parentheses

# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap

Selection of index constituents is based on the past 90-day-average market capitalization and volume.

For the calculation methodology of the index, please refer to the "ixCrypto Index Methodology Paper" on our website

Appendix 3

Weightings of the Constituents of ixCrypto Portfolio Indexes

Appendix 4

Weightings of the Constituents of ixCrypto BTC/ETH 50/50 Index

and ixCrypto BTC/ETH Proportional Index

Appendix 5

Weightings of the Constituents of ixCrypto Infrastructure Index