Derivatives marketplace CME Group and CF Benchmarks, a provider of cryptocurrency benchmark indices, are to launch 11 new cryptocurrency reference rates and real-time indices, which will be calculated and published daily by CF Benchmarks, beginning 25 April.
These reference rates and indices are not tradable futures products. They are: algorand (ALGO); bitcoin cash (BCH); cardano (ADA); chainlink (LINK); cosmos (ATOM); litecoin (LTC); polkadot (DOT); polygon (MATIC); solana (SOL); stellar lumens (XLM); and uniswap (UNI)
CME CF Reference Rates and Real-Time Indices are based on robust methodologies that have regular expert oversight and are designed to meet the growing need for transparent, regulated and round-the-clock pricing.
Several leading crypto exchanges and trading platforms will provide pricing data for these new benchmarks, starting initially with Bitstamp, Coinbase, Gemini, itBit and Kraken, as well as LMAX Digital beginning May 3. Each coin will trade on a minimum of two of these constituent exchanges.
