Hiive50: The pulse of the pre-IPO market.
Hiive50 is an index that tracks the performance of the 50 most actively traded companies on the Hiive platform, which focuses on late-stage pre-IPO companies. It is designed to be a gauge for overall market sentiment and momentum in this particular sector.
In simpler terms, Hiive50 reflects how well these pre-IPO companies are doing collectively, based on trading activity on the Hiive exchange. This can be useful for investors interested in this specific market segment.