Japan Exchange Group announced on April 3 that companies with over 50% of their assets in cryptocurrencies will no longer be included in the Tokyo Stock Price Index (TOPIX) and other indices. Existing constituents will remain unaffected. The group has initiated a public consultation process, with plans to implement the changes by this fall. This decision is driven by concerns over the impact of cryptocurrency price volatility on stock prices and index stability.
Japan Exchange Group Excludes Crypto-Heavy Firms from TOPIX
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
