A look at CoinMarketCap API Solactive integration: how CMC pricing data powers two live cryptocurrency benchmark indices distributed on Nasdaq, Bloomberg, and Reuters.
Introduction
Solactive is a German index provider that calculates, administers, and distributes financial indices across multiple asset classes for ETF issuers, banks, and asset managers worldwide. The company has operated since 2007 and administers thousands of custom indices for institutional clients globally.
In 2019, Solactive entered a formal data partnership with CoinMarketCap to build and operate two cryptocurrency benchmark indices: the CMC Crypto 200 Index and the CMC Crypto 200 ex BTC Index.
This case study examines the partnership’s structure, the evidence on Solactive’s live index pages, where the indices appear today, and what the integration demonstrates for financial institutions building products on CoinMarketCap data.
About Solactive
Solactive AG is headquartered in Frankfurt am Main, Germany, with offices in Amsterdam, Toronto, and Hong Kong. The firm specializes in designing and calculating tailor-made indices for exchange-traded products and complies with the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks, the international standard for index methodology governance.
Solactive's index catalog spans equities, fixed income, commodities, currencies, and alternative asset classes. Its ETF Services division also calculates indicative optimized portfolio values (IOPV) and portfolio composition files (PCF) for exchange-traded products listed on regulated exchanges. The company entered the cryptocurrency space in 2018 by providing IOPV calculations for the first physically-backed Bitcoin and Ethereum ETPs issued by Amun AG and listed on the SIX Swiss Exchange.
Key Solactive Stats
- Founded 2007, Frankfurt am Main
- IOSCO Principles for Financial Benchmarks compliant
- Thousands of custom indices across equities, fixed income, and alternative assets
- Offices in Germany, Netherlands, Canada, Hong Kong
CoinMarketCap API Integration With Solactive: What Evidence Shows
The partnership between CoinMarketCap and Solactive produced two live indices, both of which carry an explicit data attribution to CoinMarketCap on Solactive's own platform. The evidence spans the original joint press release, the live index pages on solactive.com, independent corroboration from financial news outlets, and real-time quotes on major financial data platforms.
Solactive live index pages — CoinMarketCap named as data provider and sponsor
Source: https://www.solactive.com/index/DE000SLA7P09/
"Pricing data for the index is provided by CoinMarketCap, the leading cryptocurrency data provider in the world. [...] The index is sponsored by CoinMarketCap, an independent, unbiased provider of cryptocurrency pricing with history on over 3,000 cryptocurrencies dating back to 2013."
The same text appears on both index pages, which also display the ISIN, Bloomberg ticker, Reuters/Refinitiv RIC, currency, and return type for each index. These pages remain live and accessible today.
What CoinMarketCap API Provides
CoinMarketCap API is the data foundation for both Solactive indices. For an index provider calculating a market cap-weighted benchmark that rebalances quarterly, the specific data requirements map directly to CMC's core endpoint categories:
- Exchange-aggregated pricing: Real-time and historical prices aggregated from 790+ exchanges across 2.4 million assets
- Circulating supply data: Verified circulating supply, total supply, and max supply figures used to determine market cap weights and ranking
- Market cap rankings: Market cap rankings and percentage of total market cap per asset, required to select the top 200 components
- VWAP calculation inputs: Volume-weighted average price (VWAP) inputs from over 200 licensed exchanges per asset
- Historical depth: Historical OHLCV data back to 2010 for backtesting index performance prior to the live date
- Asset metadata: Asset identifiers, symbols, and metadata needed to map CoinMarketCap IDs to index constituents
The API handles over 1 billion calls per month and supports institutional production use cases through its Enterprise plan, which includes custom rate limits, SLA commitments, and commercial licensing. Index providers calculating live financial products on regulated exchanges require this level of operational reliability.
How to Integrate CoinMarketCap API with Solactive-Style Index Products
Source: coinmarketcap.com/api/documentation
Why CoinMarketCap API
CoinMarketCap's designation as the index sponsor and named pricing data provider for two live Solactive indices reflects its standing as the benchmark data standard in cryptocurrency markets. Here is what makes it the appropriate choice for an institutional index calculation use case.
Conclusion
The CoinMarketCap API’s Solactive integration is one of the most clearly documented data partnerships in the cryptocurrency industry. The evidence is on display on Solactive's own platform, where both live index pages name CoinMarketCap as the pricing data source and index sponsor in formal product documentation. The indices trade in real time on Nasdaq, Bloomberg, Reuters, and Börse Stuttgart, and the same data relationship extends downstream to the NAV calculations for institutional crypto ETPs on the SIX Swiss Exchange.
For financial institutions, index providers, and asset managers considering cryptocurrency benchmark products, the Solactive and CoinMarketCap partnership demonstrates what a production-grade institutional integration looks like. It features two formally named parties, a documented data flow, live tradeable products on regulated financial platforms, and an ongoing operational relationship that has been running since 2019.
