TechFlow news, July 11 — According to Prnewswire, CME Group and cryptocurrency benchmark index provider CF Benchmarks announced plans to launch new reference rates and real-time indices for two cryptocurrencies, XRP and ICP, starting July 29. The benchmarks will be calculated and published daily by CF Benchmarks. The new benchmarks will utilize pricing data from trading platforms including Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital, with each benchmark calculated using pricing data from at least two exchanges. These benchmarks will provide market participants with transparent pricing data, helping them more accurately value portfolios or create structured products.
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