Zerocap and CoinDesk Indices Partner to Launch Australia’s First Structured Product series on CoinDesk 20 Index

• Global crypto leader CoinDesk Indices collaborates with Australian digital asset firm to roll out Australia’s first options-based structured products on the CoinDesk 20 Index.

• Launching in early 2025, the partnership is anticipated to give investors an attractive new avenue to invest in crypto assets, with the CoinDesk 20 Index up 456% over the past 5 years.*

*For wholesale/sophisticated investors only.

About the Partnership

Zerocap, Australia’s leading institutional digital asset trading firm, has partnered with CoinDesk Indices, a global leader in digital asset benchmarks since 2014, to introduce Australia’s first options-based structured products on the CoinDesk 20 Index.

This collaboration marks a major step forward for crypto investors, offering advanced indexed investment strategies traditionally seen only in conventional finance. The CoinDesk 20 Index, which has surged 456%* over the past five years, provides a compelling alternative to the standard 70/30 BTC/ETH split, broadening exposure to other leading crypto assets.

The structured products will provide institutional and sophisticated investors with risk-managed exposure to digital assets, focusing on downside protection, yield enhancement and volatility management. With institutional investors increasingly seeking diverse tradeable products beyond Bitcoin and Ether ETFs, this launch meets a growing demand for scalable and institutional-grade crypto investment solutions.

Mark Hiriart, Head of Sales at Zerocap said: “This partnership with CoinDesk Indices brings sophisticated, structured options to the crypto market for the first time, offering our clients enhanced ways to invest in digital assets with tailored risk and diversification benefits. “We’re excited to leverage CoinDesk Indices global reputation to empower our clients with new, diversified opportunities.”

“CoinDesk 20 addresses the increasing demand for diversified digital assets exposure, allowing institutional investors to access the broad crypto market beyond simple bitcoin or ether spot exposure,” said Alan Campbell, President of CoinDesk Indices. “We are pleased Zerocap is bringing this innovative product to the Australian market as we continue to service a growing global client base.” said Mr Hiriart.

As a widely adopted and respected benchmark for digital asset performance, the CoinDesk 20 Index has gained significant traction among market makers, asset managers, and global institutions. By integrating structured products with this index, Zerocap becomes the first firm in Australia to provide institutional-grade crypto investment strategies that align with traditional financial standards.

For more information on Zerocap, visit zerocap.com. 

To learn more about the CoinDesk 20 Index, visit our website.

*The performance numbers presented here for the CoinDesk 20 Index are backtested between the Base Date and the Launch Date. The backtest period uses simulated historical reconstitution events based on point-in-time pricing and circulating supplies according to the methodology.

About Coindesk Indices

Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A portfolio company of the Bullish Group, our indices form the foundation of the world’s largest digital asset products. Through the recent addition of CC Data Limited, an FCA regulated benchmark administrator, CoinDesk Indices now offers BMR-compliant products across multi-asset indices, reference rates and strategies. Flagship products such as the CoinDesk Bitcoin Price Index and the CoinDesk 20 Index set the industry standard for measuring, trading and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner.

About Zerocap

Founded in Melbourne in 2017, Zerocap is Australia’s premier digital asset firm, providing spot and derivatives liquidity for institutions and sophisticated investors. Zerocap bridges traditional finance and digital assets with a full-service model tailored to meet the needs of Australian and global clients.

Our crypto structured products offer pre-defined, institutional-grade solutions for diversifying your portfolio and accessing the crypto market. Contact us to learn more.

Zerocap Disclaimer

This material is issued by Zerocap Pty Ltd (Zerocap), a Corporate Authorised Representative (CAR: 001289130) of AFSL 340799. Material covering regulated financial products is issued to you on the basis that you qualify as a “Wholesale Investor” for the purposes of Sections 761GA and 708(10) of the Corporations Act 2001 (Cth) (Sophisticated/Wholesale Client). This material is intended solely for the information of the particular person to whom it was provided by Zerocap and should not be relied upon by any other person. The information contained in this material is general in nature and does not constitute advice, take into account the financial objectives or situation of an investor; nor a recommendation to deal. Any recipients of this material acknowledge and agree that they must conduct and have conducted their own due diligence investigation and have not relied upon any representations of Zerocap, its officers, employees, representatives or associates. Zerocap has not independently verified the information contained in this material. Zerocap assumes no responsibility for updating any information, views or opinions contained in this material or for correcting any error or omission which may become apparent after the material has been issued. Zerocap does not give any warranty as to the accuracy, reliability or completeness of advice or information which is contained in this material. Except insofar as liability under any statute cannot be excluded, Zerocap and its officers, employees, representatives or associates do not accept any liability (whether arising in contract, in tort or negligence or otherwise) for any error or omission in this material or for any resulting loss or damage (whether direct, indirect, consequential or otherwise) suffered by the recipient of this material or any other person. This is a private communication and was not intended for public circulation or publication or for the use of any third party. This material must not be distributed or released in the United States. It may only be provided to persons who are outside the United States and are not acting for the account or benefit of, “US Persons” in connection with transactions that would be “offshore transactions” (as such terms are defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”)). This material does not, and is not intended to, constitute an offer or invitation in the United States, or in any other place or jurisdiction in which, or to any person to whom, it would not be lawful to make such an offer or invitation. If you are not the intended recipient of this material, please notify Zerocap immediately and destroy all copies of this material, whether held in electronic or printed form or otherwise.
 Disclosure of Interest: Zerocap, its officers, employees, representatives and associates within the meaning of Chapter 7 of the Corporations Act may receive commissions and management fees from transactions involving securities referred to in this material (which its representatives may directly share) and may from time to time hold interests in the assets referred to in this material.  Investors should consider this material as only a single factor in making their investment decision.

Coindesk Disclaimer

CoinDesk Indices, Inc., including CC Data Limited, its affiliate which performs certain outsourced administration and calculation services on its behalf (collectively, “CoinDesk Indices”), does not sponsor, endorse, sell, promote, or manage any investment offered by any third party that seeks to provide an investment return based on the performance of any index. CoinDesk Indices is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any CoinDesk Indices index. CoinDesk Indices does not act as a fiduciary. A decision to invest in any asset linked to a CoinDesk Indices index should not be made in reliance on any of the statements set forth in this document or elsewhere by CoinDesk Indices. All content displayed here or otherwise used in connection with any CoinDesk Indices index (the “Content”) is owned by CoinDesk Indices and/or its third-party data providers and licensors, unless stated otherwise by CoinDesk Indices. CoinDesk Indices does not guarantee the accuracy, completeness, timeliness, adequacy, validity, or availability of any of the Content. CoinDesk Indices is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of the Content. CoinDesk Indices does not assume any obligation to update the Content following publication in any form or format. © 2025 CoinDesk Indices, Inc. All rights reserved.

FAQs

What is the partnership between Zerocap and Coindesk Indicies about?

• The partnership between Zerocap and CoinDesk Indices is focused on launching Australia’s first structured product series on the CoinDesk 20 (CD20) Index. This collaboration brings institutional-grade, options-based structured investment products to the Australian crypto market, providing investors with risk-managed exposure to digital assets.

What are the benefits of structured products in crypto?

• Structured products in crypto offer several benefits. They can reduce risk by providing protection on both sides of the curve, which is appealing for investors concerned about the volatility of cryptocurrencies. They also offer diversification by providing unique payoff structures that act as a hedge against wider market risk. Furthermore, they can outperform direct investments in the underlying cryptocurrency, and the credit ratings they carry provide additional assurance to investors.

What is the significance of these structured products?

• First-of-its-kind structured product in Australia: The product series is designed for sophisticated and institutional investors seeking a diversified crypto investment with downside protection.

• Leverages the CoinDesk 20 Index (CD20): The CD20 index is a well-regarded benchmark that tracks the top 20 digital assets, offering broader exposure beyond just Bitcoin and Ethereum.

• Principal Protection & Risk Management: The initial product in this series includes 95% capital protection, capping the maximum loss at 5%, while still allowing upside participation.

Who is this product designed for?

This product is intended for:

• Those familiar with Bitcoin but looking for a risk-managed way to explore broader crypto markets.

• Family offices and high-net-worth individuals looking for institutional-grade crypto investment solutions.
• Investors seeking diversified crypto exposure without having to manage individual assets.

How does this product compare to traditional finance structured products?

• Similar to equity and fixed-income structured products, this crypto structured product allows investors to participate in market upside while mitigating risk. The main difference is the underlying asset, which is the CoinDesk 20 Index instead of traditional equity or bond indices.

How does this product fit into the broader crypto investment landscape?

• This structured product is part of the evolution of crypto investment vehicles. As crypto markets mature, demand for risk-managed solutions—like structured products—grows, providing institutional investors with more tools to allocate capital efficiently.