What are the latest changes in the digital asset classification system?

Question

Accepted Answer

Latest Changes in the IX Digital Asset Industry Classification System (DAICS®)

The IX Digital Asset Industry Classification System (DAICS®) has announced its 1st Half 2026 Review, detailing updates to its classification of digital assets. These changes, effective July 24th, 2026, primarily involve adjustments to the composition of the top 50 cryptocurrencies by market capitalization, the introduction of new "Green Coin" labels, and a decision to expand future coverage to include stablecoins more comprehensively.
Member Adjustments to the Top 50 Cryptocurrencies

The review identified significant shifts within the top 50 cryptocurrencies based on average market capitalization over the preceding 90 days. Seven new digital assets have been added to this prominent list: Canton (CC), Tether Gold (XAUT), Pax Gold (PAXG), Global Dollar (USDG), Aster (ASTER), Ripple USD (RLUSD), and USDD (USDD). Concurrently, six cryptocurrencies have been removed from the top 50, including Ethena (ENA), Aptos (APT), Worldcoin (WLD), Polygon (POL), Story (IP), and Arbitrum (ARB). These changes reflect the dynamic nature of the digital asset market and the evolving landscape of major players.
Introduction of "Green Coin" Labels

A notable addition in this review is the introduction of a "Green Coin" label, identifying cryptocurrencies that demonstrate a commitment to sustainability. Seven coins have been designated as Green Coins: Internet Computer (ICP), Binance (BNB), Hedera (HBAR), Solana (SOL), Sui (SUI), XRP (XRP), and Canton (CC). This classification is based on a cryptocurrency's energy-per-unit-transaction, with selected coins ranking within the top 15 percentile of those consuming the least energy among the DAICS® constituents. This initiative highlights a growing focus on environmental considerations within the digital asset industry.
Expanded Future Coverage for Stablecoins

The IX Asia Tokenisation Advisory Committee has decided to broaden the scope of the DAICS® classification system for future reviews. Starting from the next review cycle, the system will expand its coverage to include "50 coins plus stablecoins within the top 50." This strategic decision acknowledges the increasing significance and market dominance of stablecoins, aiming to provide a more comprehensive and representative classification of the digital asset market. Asset-Backed Tokens (ABTs) currently represent 2.05% of the total digital asset market capitalization as of May 31, 2026.

Reading history

Hide →

This history is cleared when the page is closed.

What are the latest changes in the digital asset classification system?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends