HONG KONG SAR - Media OutReach - 12 July 2023 - Today, IX ASIA INDEXES announced the 1^st Half 2023 Review of the IX Digital Asset Industry Classification System ("DAICS^®"), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS^® classify digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens and a 3-tier system for each categories (Appendix 1). The results are as follows: CryptocurrenciesIndustry Changes The industry groups remain unchanged with 5 industries 1) Payment (110) 2) Infrastructure (120) 3) Financial services (130), 4) Tech & Data (140) and 5) Media & Entertainment (150). Sector Changes The sectors increased from 13 to 16. Additions: Staking (13030) Data Management (14020) Artificial Intelligence (14030) (For details on Industry & Sector definitions under DAICS^®, please refer to Appendix 2 & 3). Classification Changes Cardano (ADA) FROM: Industry: Payment (110) Sector: Transaction & Payment (11010) TO: Industry: Infrastructure (120) Sector: Application Development Protocol & Smart Contract (12010) Green coins There are 5 Greens coins in this review HBAR^GETH^GADA^GALGO^GFTM^G They all come from Infrastructure industry Coverage of DAICS^® The coverage remains unchanged with 50 coins. The market capitalization coverage (all coins): 94.63%* The % coverage of market cap of the 50th ranked coin: 0.08% Member changes within the TOP 50 coins in DAICS^® : 8 (For more details about the industry weighting and the 8 changes, please see Appendix 4). *As of 30th June 2023 based on past 90 days market capitalisation ranking including all coins (stable coins and no exclusions due to any rules). Note:G as 'Green' labelling for cryptocurrencies that adhere to the principles of sustainability Asset Backed Tokens (ABT)Asset Types Changes The asset types remain unchanged at 6 1) Culture (205), 2) Real Estate (215), 3) Financials (235), 4) Entertainment (255), 5) Natural Resources (265), and 6) Green Economy (275) Branch Changes The branches increased from 30 to 31. Additions: 1) Gaming (25540) (For details on Asset types and Branches, please refer to Appendix 3). Coverage of DAICS^® IX ASIA INDEXES has not started to classify any ABT. ABTs will be added to DAICS^® in the next stage when a fair amount of popular asset-backed tokens are available in the market. Although there has been an increase in the number of asset-backed tokens, no significant use cases with proper market policy have emerged. A new ABT registry will be made available to the public. A classification summary and definition table are available at Appendix 5 & 6. For further information regarding the methodology of the DAICS^®, please refer to the "IX Digital Asset Industry Classification System"- principle and guilding methodology on the company website https://ix-index.com/daics.html. All classification changes including the relating ixCrypto industry indexes will take effect on 1 August 2023. For more details on our DAICS^® qualification criteria, please email daics@ix-index.com. Appendix 1Appendix 2 Appendix 3