Global equity index publisher MSCI is considering launching cryptocurrency indices in a further step towards widespread adoption of digital assets.

CEO Henry Fernandez, speaking at a Clubhouse event organised by venture capital firm Andreessen Horowitz earlier this week, said MSCI is talking to experts and plans to launch crypto indices.

He did not provide details on which assets any index would focus on, nor did he disclose a timeline for their possible launch.

Companies including Bank of New York (NYSE:BK), Mastercard (NYSE:MA), Visa (NYSE:V), PayPal (NASDAQ:PYPL) and Goldman Sachs (NYSE:GS) have made moves to support cryptocurrencies, but they are still little used on a day-to-day basis.

In May, the S&P Dow Jones Indices introduced new cryptocurrency indices, bringing bitcoin and etherium to Wall Street trading floors. The new indices, the S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of related digital assets.

MSCI is looking to expand its products. In April, the company launched 20 thematic indices to help investors bet on “megatrends” in China.

The company publishes popular indices of global equities and other securities that are used by asset managers and investors to manage $14.5 trillion in asset allocation worldwide at the end of 2020.