• CME Group and CF Benchmarks will debut real-time indices for ICP and XRP.
• The indices and reference rates will debut on July 29.
• Reference rates will be published once-a-day at 4 p.m. London time.

CME Group, the world’s leading derivatives marketplace, and CF Benchmarks, a leading provider of cryptocurrency benchmark indices, are bolstering the institutional adoption of cryptocurrencies with the launch of new reference rates and real-time indices for Ripple’s XRP and Internet Computer (ICP).

These benchmarks, set to go live on July 29, will be calculated and published on a daily basis by CF Benchmarks. While not tradable as futures contracts, these benchmarks are designed to enhance price transparency and discovery for cryptocurrencies.

Brad Garlinghouse, the chief executive of American fintech firm Ripple, took to social media platform X to express his …

The post Institutional Adoption of XRP and ICP Gets Boost with New CME Benchmarks appeared first on Coin Edition.

• CME Group and CF Benchmarks will debut real-time indices for ICP and XRP.
• The indices and reference rates will debut on July 29.
• Reference rates will be published once-a-day at 4 p.m. London time.

CME Group, the world’s leading derivatives marketplace, and CF Benchmarks, a leading provider of cryptocurrency benchmark indices, are bolstering the institutional adoption of cryptocurrencies with the launch of new reference rates and real-time indices for Ripple’s XRP and Internet Computer (ICP).

These benchmarks, set to go live on July 29, will be calculated and published on a daily basis by CF Benchmarks. While not tradable as futures contracts, these benchmarks are designed to enhance price transparency and discovery for cryptocurrencies.

Brad Garlinghouse, the chief executive of American fintech firm Ripple, took to social media platform X to express his …

The post Institutional Adoption of XRP and ICP Gets Boost with New CME Benchmarks appeared first on Coin Edition.