CME Group and CF Benchmarks will launch two new cryptocurrency reference rates and real-time indices for XRP and ICP

ChainCatcher news, according to PR Newswire, the Chicago Mercantile Exchange and cryptocurrency benchmark index provider CF Benchmarks announced today that they plan to launch two new cryptocurrency reference rates and real-time indices for XRP and ICP starting July 29. These will be calculated and published daily by CF Benchmarks, utilizing pricing data from cryptocurrency trading platforms that are currently part of the CME CF benchmark reference rate and real-time index suite.

Each new benchmark will be calculated using pricing data from at least two trading platforms, which include Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital.