Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
CME Adds Four Cryptocurrency Benchmark Indices Including Arbitrum and Sui to Institutional Pricing System

CME Adds Four Cryptocurrency Benchmark Indices Including Arbitrum and Sui to Institutional Pricing System

View original
ChaincatcherChaincatcher2025/05/30 12:05

According to FinanceFeeds, CME Group and CF Benchmarks announced the launch of reference rates and real-time indices for four types of crypto assets: Arbitrum, Ondo, NEAR, and Sui, on June 2, 2025. This expansion will allow the CME CF benchmark index system to cover over 96% of the investable cryptocurrency market capitalization. The new reference rates will be published once daily at 16:00 London time in USD, with additional quotes for Ondo and Sui at 16:00 New York time; the real-time indices will be updated every second throughout the year.

The benchmark data is integrated from at least two partner exchanges. Giovanni Vicioso, Global Head of Cryptocurrency Products at CME, stated that the new benchmarks provide institutions with transparent pricing tools, aiding in portfolio valuation and the creation of structured products. Sui Chung, CEO of CF Benchmarks, pointed out that these new indices, which follow the same methodology as the Bitcoin Reference Rate (BRR), will meet the compliance requirements for accuracy and transparency of traditional financial institutions.

Currently, the CME CF benchmark indices cover 28 crypto assets, providing pricing support for over $40 billion in regulated crypto products. The inclusion of layer-one networks and DeFi-related tokens further promotes the integration of emerging asset classes into institutional-grade infrastructure.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!