Victory Capital Management, an investment firm has announced its plan to enter the crypto market. Victory Capital made an announcement on Wednesday, stating that it would be the exclusive sponsor of “private placement funds and other vehicles” based on the Nasdaq Crypto Index, or NCI, an index developed by Nasdaq and Brazilian crypto asset manager Hashdex. The firm will launch a private fund for accredited investors tracking the NCI and private funds that will track the Nasdaq Bitcoin Reference Price Index and the Nasdaq Ethereum Price Index.