CME and CF Benchmarks Launch New Crypto Reference Rates and Real-Time Indices

CME and CF Benchmarks to launch new cryptocurrency reference rates and real-time indices on July 29. Giovanni Vicioso, head of crypto products at CME, said: "These new benchmarks are designed to provide clear and transparent pricing data to a broad range of market participants, allowing them to more accurately evaluate portfolios or create structured products. Based on our suite of 24 CME CF reference rates and real-time indices, we will provide pricing data for more than 93% of investable assets in the cryptocurrency market capitalization, helping clients everywhere better manage their risk." (PR Newswire)