CME Group and CF Benchmarks are planning to launch two new, non-tradable, euro-denominated reference rates and real-time indices for bitcoin and ether, which will be calculated and published daily by CF Benchmarks, beginning 6 June. Each reference rate will provide the euro price for each of the digital asset pairs, published once-a-day at 4pm London time, while each respective real-time index will be published once per second, 24 hours a day, 365 days per year. The indices are: the CME CF Bitcoin-Euro Reference Rate; CME CF Bitcoin-Euro Real-Time Index; CME CF Ether-Euro Reference Rate; and CME CF Ether-Euro Real-Time Index.

Witherspoon, an asset manager specialising in liquid alternative investments, has integrated AlternativeSoft’s Portfolio Construction module into its asset management platform, creating a powerful decision-making platform for alternatives. AlternativeSoft provides a platform for institutional investors to make better investment decisions with their optimization engine and risk management modules. With the integration of AlternativeSoft, investment professionals have a powerful solution for evaluating and allocating to alternative investments. At the same time, users can leverage powerful APIs to easily integrate with third-party systems and generate sophisticated reporting for clients.  Witherspoon offers a boutique investment experience for family office investors seeking exposure to commodities

Exchange Data International (EDI), a provider of security corporate actions, pricing and reference data services, has partnered with BondView, a provider of municipal bond portfolio analysis and market data, to offer Municipal Bond Reference Data Service (RDS). The Municipal Bond Reference Data Service offers comprehensive, high-quality reference data on over 1.5 million active US Municipal Bond issues from over 50,000 different issuers.

Bybit, a cryptocurrency exchange with the second largest BTC Futures exchange by open interest, has launched new pools. Bybit users will have access to three liquidity pools: bitcoin (BTC), ether (ETH), and bitDAO (BIT), all paired with tether (USDT). The pools will allow users to deposit funds and earn up to 30% APY, with even higher rewards available when using up to 3x leverage.   Liquidity providers in all 160 countries where Bybit operates will be able to add one or both sides of the liquidity pair. The pool will automatically rebalance the assets and minimize the risk of impermanent

Kaiko, a cryptocurrency market data provider for institutional investors and enterprises, has launched  a decentralised (DEX) liquidity pool data feed.

IDEG Asset Management Limited (IDEG), a professional digital asset manager, has launched the IDEG Quant Arbitrage service which aims to help crypto investors maximise returns with a risk-off strategy in face of the current volatile bear market for digital assets around the world. With risk and uncertainty levels at all-year highs, arbitrage could provide a lower-risk strategy with no delta exposure. IDEG’S Quant Arbitrage offers a crucial de-risk option for professional and institutional investors as IDEG builds a complete array of investment tools to address all needs in the rapidly-evolving digital asset class. As cryptocurrencies mature, investors seek more varied

BitMEX Spot, a new trading platform to buy and sell crypto, has made a strong entrance in the first days since going live, hitting over $10 million in 24-hour trading volume shortly after launch. The launch represents a significant milestone for BitMEX’s ‘Beyond Derivatives’ strategy it announced last year. The BitMEX Spot Exchange currently offers seven crypto pairs (all against Tether/ USDT). These assets are Bitcoin (XBT), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI), Polygon (MATIC), Axie Infinity (AXS), and ApeCoin (APE). More trading pairs, alongside other user rewards and benefits, will be rolled out later in 2022.

Tower Research Capital, a global electronic market maker, has entered into an agreement to utilise the Torstone Technology’s platform for post-trade processing, globally, across all traded asset classes. Torstone’s post trade platform is a multi-entity, multi-asset cloud-based SaaS solution, which will manage the trade capture, accounting, reconciliations and corporate actions requirements for all of Tower Research Capital’s global entities.

Fenergo, a leading provider of digital solutions for Know Your Customer (KYC) and client lifecycle management (CLM), has launched FinCrime Risk, an application programming interface (API)-first software as a service (SaaS) solution which allows financial institutions to centralise and automate risk assessment processes and streamline anti-money laundering (AML) compliance across all business lines and geographical locations.

BitMEX, one of the world’s largest crypto trading platforms, has announced the launch of the BitMEX Spot Exchange for retail and institutional traders. The launch of the BitMEX Spot Exchange represents a significant step for BitMEX’s strategy to offer cutting edge products to crypto traders. The exchange supports seven pairs of cryptocurrencies, including bitcoin (XBT), ether (ETH), chainlink (LINK), uniswap (UNI), polygon (MATIC), axie infinity (AXS) and apecoin (APE), all against tether (USDT). Users are able to access the spot by placing coin conversion request-for-quotes (RFQs), through Central Limit Order Books and taking advantage of API trading, as well as