According to Odaily Planet Daily, CME and CF Benchmarks will launch new cryptocurrency reference rates and real-time indices on July 29. Giovanni Vicioso, head of CME crypto products, said that these new benchmarks are designed to provide clear and transparent pricing data to a wide range of market participants, enabling them to more accurately evaluate portfolios or create structured products. Based on their 24 CME CF reference rates and real-time index suites, they will provide pricing data for more than 93% of investable assets in the cryptocurrency market capitalization to help global customers better manage their risks.
