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Results of the ixCrypto Index Series Quarterly Review (2025 Q3)
1. Constituent Review – ixCrypto Index Series
1.1 Constituent Eligibility Update
Following the latest quarterly review and careful consideration, the IX Asia Index Advisory Committee (“the Committee”) has approved the inclusion of Binance coin (BNB) as an eligible constituent in various ixCrypto Indexes, effective from the 2025 Q4 review. In accordance with Section 3.9 of the index methodology (“Conflict of Interest Rule”), BNB had previously been excluded to avoid potential conflicts of interest. The Committee noted that the inclusion of BNB has been discussed in past review meetings, reflecting a continuous evaluation of market developments over the years. The Committee considered various factors including change of its shareholding structure, evolution of world environment on cryptocurrencies and how Binance evolved in this evolution. With its significant market capitalization and liquidity, the inclusion of BNB is expected to enhance the index’s market representativeness and better reflect the overall performance of the cryptocurrency market.
1.2 ixCrypto Index (“IXCI”)
The number of constituents will decrease to 19 with 0 additions and 2 deletions.
Additions
No addition
Deletions
- Pi
- Pepe
After the change, the free float adjusted market capitalization coverage is 84.74%* (excluding stablecoins, which represents 6.66% of the total crypto universe), while the 90-day-average volume is 75.38%*. The constituents change above and recapping at 40% will take effect on the effective date.
Since the last review, there has been a increase in the crypto total market capitalization from USD3.09T to USD3.83T (+23.95%)#, and a increase in the daily volume from USD107.37B to USD163.91B (+52.66%)#. Bitcoin remains the largest crypto in the constituent list, with its price increased by 3.45% since the last review.
1.3 ixCrypto Portfolio Indexes
1.2.1 ixCrypto 5 Equal Weight Index (“IXEW5”) and ixCrypto 5 Square Root Index (“IXSR5”)
Additions
No addition
Deletions
No deletion
1.2.2 ixCrypto 10 Equal Weight Index (“IXEW10”) and ixCrypto 10 Square Root Index (“IXSR10”).
Additions
No addition
Deletions
No deletion
1.2.3 ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”).
Additions
- Stellar
Deletions
- Avalanche
1.4 ixCrypto BTC/ETH Indexes
As of the cut-off date on 30th September 2025, the ixCrypto BTC/ETH 50/50 Index (“IX5050”) maintains a 50%/50% weighting for the ixBitcoin Index (IXBI) and ixEthereum Index (IXEI). The ixCrypto BTC/ETH Proportional Index (“IXPI”) has a weighting of 87.71% and 12.29% for IXBI and IXEI, respectively.
At the upcoming effective date, IX5050 weightings will remain unchanged at 50%/50%. IXPI weightings will be adjusted to 81.71% and 18.28% for IXBI and IXEI, respectively, reflecting the market capitalization proportions of Bitcoin and Ethereum at the cut-off date.
1.5 ixCrypto Stablecoin Index
The number of constituents will remain at 4. Stablecoin comprises 6.66% of the total crypto universe, and ixCrypto Stablecoin Index covers around 97.45% of the 90-day average market capitalization in the stablecoin universe.
Additions
No addition
Deletions
No deletion
3. Exchange Review
To ensure a fairest price objective, all indexes are calculated based on average of multiple exchanges. As a result of exchange review, 10 exchanges passed the review process, which are as follows:
- Binance
- MEXC
- Bitget
- OKX
- Gate.io
- OKX
- Huobi Global (NEW)
- Crypto.com
- Coinbase Exchange
- Upbit (NEW)
Removed Exchanges
Nil
The selected 10 exchanges will be used to generate each of the fair average prices for the IX indexes’ constituents. The exchange review covers volume rankings, exchange background checks, founders’ background checks, USD/USDT/USDC/BTC pair coverage, overconcentration rules, exchange API coverage checks, and stability, among other aspects, for an exchange.
For more details about our exchange selection criteria, please email in**@******ex.com. More information on the ixCrypto Indexes, including their constituents and constituents’ weights, is provided in the Appendices, or refer to the website https://ix-index.com/.
*Exclude stable coins and coins that trigger conflict of interest (based on conflict-of-interest rule methodology 3.9, effective on Oct 2, 2020)
#As of 30th September 2025, based on the past 90 days average
XXXX (NEW)Newly introduced exchanges as of 2025 Q3
ixCrypto Index (“IXCI”)
| Universe | All crypto coins traded in at least two different exchanges around the world |
| Selection Criteria | Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume |
| Number of Constituents | 19 in Q3 2025 |
| Launch Date | 12th December 2018 |
| Base Date | 3rd December 2018 |
| Base Value | 1,000 |
| Reconstitution Rule | If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening. |
| Reconstitution and Rebalancing Frequency | Quarterly and with a fast entry rule |
| Weighting Methodology | Free float adjusted market capitalization weighted with a cap of 40% |
| Currency | US Dollar |
| Dissemination | Every 5 seconds for 24×7
(On Bloomberg, Reuters and major information vendors) |
| Website | https://ix-index.com/ |
Weightings of the Constituents of ixCrypto Index
| Crypto | 90-day-average- Market Cap | 90-day-average-Volume | Cut-off
Price |
Cumulative
Market Coverage |
Weighting (%) After 40% Cap# | |
| 1 | Bitcoin | $2,278,834,864,037 | $60,457,203,956 | $112,122.64 | 59.48% | 40.00% |
| 2 | Ethereum | $474,442,908,932 | $36,732,560,860 | $4,141.48 | 71.87% | 29.90% |
| 3 | XRP | $174,946,226,380 | $6,744,877,164 | $2.87 | 76.43% | 10.26% |
| 4 | Solana | $103,279,479,871 | $7,173,252,818 | $210.74 | 79.13% | 6.85% |
| 5 | Dogecoin | $33,834,299,395 | $2,889,726,619 | $0.24 | 80.01% | 2.15% |
| 6 | TRON | $31,227,703,047 | $1,014,111,972 | $0.34 | 80.83% | 1.90% |
| 7 | Cardano | $28,644,283,255 | $1,501,932,628 | $0.81 | 81.58% | 1.73% |
| 8 | Hyperliquid | $15,151,737,591 | $345,997,654 | $47.10 | 81.97% | 0.95% |
| 9 | Chainlink | $13,835,002,419 | $1,051,639,356 | $21.68 | 82.33% | 0.88% |
| 10 | Sui | $12,440,898,179 | $1,364,157,180 | $3.28 | 82.66% | 0.70% |
| 11 | Stellar | $12,174,766,375 | $521,674,738 | $0.37 | 82.97% | 0.70% |
| 12 | Bitcoin Cash | $11,100,080,657 | $496,087,329 | $556.21 | 83.26% | 0.66% |
| 13 | Avalanche | $10,440,454,130 | $789,262,379 | $30.01 | 83.54% | 0.76% |
| 14 | Hedera | $9,848,921,954 | $430,732,838 | $0.22 | 83.79% | 0.55% |
| 15 | Litecoin | $8,380,178,217 | $742,597,878 | $106.85 | 84.01% | 0.49% |
| 16 | Toncoin | $7,947,705,221 | $238,221,371 | $2.72 | 84.22% | 0.41% |
| 17 | Shiba Inu | $7,607,518,622 | $252,779,336 | $0.00 | 84.42% | 0.42% |
| 18 | Polkadot | $6,362,234,896 | $329,933,823 | $4.00 | 84.59% | 0.39% |
| 19 | Uniswap | $5,992,742,481 | $476,047,315 | $7.75 | 84.74% | 0.30% |
As of 30 September,2025
# 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
Weightings of the Constituents of ixCrypto Portfolio Indexes
| Index Constituent | ixCrypto 5 EW Index | ixCrypto 5 SR Index | ixCrypto 10 EW Index | ixCrypto 10 SR Index | ixCrypto Altcoin 10 EW Index | ixCrypto
Altcoin 10 SR Index |
|
| 1 | Bitcoin | 20.00% | 51.98% | 10.00% | 38.85% | – | – |
| 2 | Ethereum | 20.00% | 19.45% | 10.00% | 18.38% | 10.00% | 28.73% |
| 3 | XRP | 20.00% | 12.78% | 10.00% | 10.76% | 10.00% | 16.83% |
| 4 | Solana | 20.00% | 10.14% | 10.00% | 8.80% | 10.00% | 13.75% |
| 5 | Dogecoin | 20.00% | 5.65% | 10.00% | 4.92% | 10.00% | 7.70% |
| 6 | TRON | – | – | 10.00% | 4.63% | 10.00% | 7.24% |
| 7 | Cardano | – | – | 10.00% | 4.42% | 10.00% | 6.91% |
| 8 | Hyperliquid | – | – | 10.00% | 3.27% | 10.00% | 5.12% |
| 9 | Chainlink | – | – | 10.00% | 3.15% | 10.00% | 4.93% |
| 10 | Sui | – | – | 10.00% | 2.82% | 10.00% | 4.39% |
| 11 | Stellar | – | – | – | – | 10.00% | 4.40% |
As of 30 September 2025
Weightings of the Constituents of ixCrypto BTC/ETH 50/50 Index and ixCrypto BTC/ETH Proportional Index
| Crypto | 90-day-average Crypto Market Cap | 90-day-average Crypto Volume | Index Level | Weight in BTC/ETH 50/50 | Weight in BTC/ETH Proportional |
| Bitcoin | $2,278,834,864,037 | $60,457,203,956 | 27640.65 | 50.00% | 81.72% |
| Ethereum | $474,442,908,932 | $36,732,560,860 | 36240.60 | 50.00% | 18.28% |
As of 30 September 2025
Weightings of the Constituents of ixCrypto Stablecoin Indexes
| Crypto | 90-day-average- Market Cap | 90-day-average-
volume |
Cut-off
Price |
Cumulative
Market Coverage |
Weighting (%) After 40% Cap | |
| 1 | USDT | $165,529,410,166 | $117,007,574,784 | $1.0003 | 4.32% | 40.00% |
| 2 | USDC | $67,794,328,942 | $14,891,104,436 | $0.9999 | 6.09% | 40.00% |
| 3 | USDe | $10,082,403,116 | $266,715,140 | $1.0008 | 6.35% | 14.55% |
| 4 | Dai | $5,365,005,371 | $16,886,154,186 | $0.9999 | 6.49% | 5.45% |
As of 30 September 2025
ixCrypto Indexes Dissemination
Real time indexes are disseminated every 5-second interval for 24×7 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.
The vendor tickers are shown below:
| Index Name | Bloomberg Ticker | TradingView Ticker | Reuters Ticker | |
| Real-time | Delayed | |||
| ixCrypto Index | IXCI | IXCI2 | IXCI | .IXCI |
| ixBitcoin Index | IXCBI | IXCBI2 | IXBI | .IXBI1 |
| ixEthereum Index | IXCEI | IXCEI2 | IXEI | .IXEI1 |
For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com or subscribe to LinkedIn: IX Asia Indexes
For data licensing and product, please contact us at li*******@******ex.com.
For free API use on academic research or trial, please contact en*****@******ex.com
Hashtag: #ixCryptoIndex
The issuer is solely responsible for the content of this announcement.
About IX Asia Indexes and IX Asia Index Advisory Committee
IX Capital International Limited is an award-winning index and investment advisory company. The index business arm- IX Asia Indexes, providing real-time digital asset and innovative indexes, disseminated 24×7 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into 29 indexes designed for exchange futures products, mark-to-market, and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.
IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG. It also won Asia Pacific Enterprise Achievement Award 2024 by Echolade. IX Asia Indexes completed its IOSCO compliance statement and obtained ISO/IEC 27001:2013 UKAS certification.
Website: https://ix-index.com/
Advisory Committee: https://ix-index.com/committee.htm
About IX Crypto Indexes
The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 24×7 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services and Bloomberg terminal on IXCI <GO>. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI”, “IXEI”, with dissemination interval kept at 15-second unchanged. Wechat: 信昇亞洲指數.
Media OutReach
Survey: AI Investment Boom in Asia Pacific Fuelled More by Fear of Missing Out Than Actual Results
Hashtag: #Expereo, #Network, #ArtificialIntelligence, #AI, #Technology, #AIInvestment
The issuer is solely responsible for the content of this announcement.
Expereo
Media OutReach
Taylor Swift Wax Figure Arrives in Singapore for Limited-Time
Following last summer’s historic global launch of 13 Taylor Swift wax figures across four continents, one of the world’s most celebrated icons is now making a dazzling limited-time stop at Madame Tussauds Singapore.
SINGAPORE – Media OutReach Newswire – 12 June 2026 – In news guaranteed to send Swifties into a frenzy, Madame Tussauds Singapore today announces the arrival of its touring Taylor Swift wax figure, inviting fans to feel as if they’ve stepped on stage at Taylor Swift | The Eras Tour.
Originally launched as part of Madame Tussauds’ biggest figure release in its 250-year history, this Taylor Swift wax figures celebrates the Lover era, showcasing the look that became the post image for the Taylor Swift | The Eras Tour concert film. The figure is dressed in a replica of the pink, blue and silver embellished Versace leotard. The look is completed with mesmerising, hand-applied strass Christian Louboutin knee-high boots, donated by the Maison, and bespoke embellished microphone created by Rebel Stage Gear UK, the specialist customisation company behind the original microphones Taylor used during the tour.
The campaign will run from 26 June to 27 September 2026. Designed as the ultimate fan celebration, it combines interactive experiences, limited-time activities and social moments inspired by Taylor Swift as one of the most influential and enduring artists of the 21st century.
Guests can enjoy an exclusive online promotion from 26 June to 12 July 2026, with 20% off tickets using promo code TAYLOR20; fans can also participate in a special social media giveaway activity following Madame Tussauds Singapore’s Instagram account to win two pairs of attraction tickets.
Inside the attraction, Swifties will have the opportunity to fully immerse themselves in the experience through a series of themed activities, including:
- DIY Friendship Bracelet Booth (26 June to 12 July) – All ticket holders can create their own friendship bracelets inspired by the fan-favourite tradition made famous during The Eras Tour. Available while stocks last.
- Concert-Inspired Photo Props – Strike a pose with our exclusive concert-style blazer photo props for the ultimate concert-style photo moment.
- “Show Us Your Era” Challenge (26 June to 31 July) – Guests who take a photo with Taylor Swift wax figure, post it on social media and tag Madame Tussauds Singapore with #MadameTussaudsSG #MTSG will receive a free gift onsite, limited to the first 100 participants only.

Steven Chung, General Manager of Madame Tussauds Singapore said: “Last year’s global Taylor Swift figure launch became a cultural moment in itself, and we’re thrilled to bring one to Singapore. This summer, we welcome all Swifties to celebrate the joy, nostalgia and connection Taylor Swift has created for millions of fans around the world at Madame Tussauds Singapore.”
The Taylor Swift touring figure will be available exclusively at Madame Tussauds Singapore from 26 June to 27 September 2026. For this limited time only, Swifties in Singapore will have the rare opportunity to step into one of her most iconic eras and create unforgettable moments of their own.
Madame Tussauds Singapore continues to bring fans closer to the world’s biggest stars through immersive and interactive celebrity experiences, creating unforgettable memories for guests of all ages. For more information, please visit www.madametussauds.com/singapore/
Hashtag: #MerlinEntertainments #MadameTussaudsSingapore
The issuer is solely responsible for the content of this announcement.
Madame Tussauds Singapore
Madame Tussauds has been inviting people to walk the red carpet and get closer to the revered – and feared – for over 250 years. With 22 attractions in the world’s top destination cities, we are dedicated to giving millions of visitors the opportunity to mingle with the mighty from A-listers to music legends, heroes of sport, to infamous world leaders. Today, we continue to partner with the global icons of a generation to create astonishing lifelike figures from sittings and offer exciting and interactive experiences to ensure guests have never felt closer to fame.
About Merlin Entertainments
Merlin Entertainments is a world leader in branded entertainment destinations, offering a diverse portfolio of resort theme parks, city-centre gateway attractions and LEGOLAND Resorts which span across UK, US, Western Europe, China and Asia Pacific. Dedicated to creating experiences that inspire joy and connection, Merlin welcomes more than 62 million guests annually to its growing estate, with over 140 sites across 23 countries. An expert in bringing world-famous entertainment brands to life, Merlin works with partners including the LEGO Group, Sony Pictures Entertainment, Peppa Pig, Dreamworks and Ferrari to create destinations where guests can immerse themselves in a wide array of brand-driven worlds, rides, and uplifting learning experiences. See
www.merlinentertainments.biz for more information.
Media OutReach
AIVA Launches a Pioneering, New Model for AI Vehicle Industry
AIVA will collaborate with Volcano Engine, ByteDance’s cloud and AI platform, to jointly define, design, and develop a new generation of AI vehicles. Volcano Engine will provide AIVA with advanced capabilities, including the Doubao AI Foundation Model and intelligent cockpit, enabling smarter in-vehicle interactions.
At the launch event, AIVA unveiled its brand name and logo, introducing a development philosophy centered on “AI-first vehicle creation”—where AI comes before the car itself. It is believed that AI-native vehicles will fundamentally redefine the relationship between people and automobiles. AIVA also showcased the AIVA Origin Concept, while AIVA ME7, its first mass-production model, is scheduled to debut in 2026. The AIVA lineup will target the mainstream market segment priced above RMB 200,000.
AIVA, short for Artificial Intelligence Voyage Ahead, reflects the brand’s vision of AI accompanying users on every journey toward the future. Built around AI-native mobility, AIVA aims to create embodied AI companions powered by advanced intelligence, transforming vehicles from mere transportation tools into trusted partners that understand, accompany, and serve their users.
When AI is deeply integrated into the vehicle, users no longer need to navigate complex menus. Instead, AI operates around human intent, making the interaction intuitive and direct. By understanding real-time context and user preferences, it can proactively anticipate needs and coordinate vehicle capabilities, delivering a more natural, personalized mobility experience.
As an independently operated company backed by a powerful alliance of strategic shareholders, AIVA will oversee brand development, product strategy, and business operations. SERES Group, as a key shareholder and industrial partner, will provide expertise in vehicle manufacturing and supply chain management. CATL will contribute comprehensive battery solutions. Shaci Zhiyuan, a strategic institutional investor, will provide industrial resource support.
Looking ahead, AIVA will broaden its product lineup through rapid innovation and iteration. By focusing on AI-powered interaction, intelligent experiences, emotional companionship, and safety-centered care, AIVA is committed to creating vehicles that not only move people, but understand them, unlocking a new era of intelligent mobility.
Hashtag: #AIVA
The issuer is solely responsible for the content of this announcement.
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