Boost

Internet Computer

<ul class="news-points"> 
 <li><strong>CME Group and CF Benchmarks will debut real-time indices for ICP and XRP.</strong></li> 
 <li><strong>The indices and reference rates will debut on July 29.</strong></li> 
 <li><strong>Reference rates will be published once-a-day at 4 p.m. London time.</strong></li> 
</ul> 
<p>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).</p> 
<p>These benchmarks, set to <a href="https://www.prnewswire.com/news-releases/cme-group-and-cf-benchmarks-to-launch-two-new-cryptocurrency-reference-rates-and-real-time-indices-on-july-29-302194542.html" target="_blank" rel="nofollow">go live on July 29</a>, 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.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Starting July 29, benefit from transparent pricing on two new cryptocurrencies as CME CF Internet Computer-Dollar and XRP-Dollar Reference Rates and Real-Time Indices are added to our expanding suite of benchmarks. <a href="https://t.co/1kn5BPZi4C" target="_blank" rel="nofollow">https://t.co/1kn5BPZi4C</a> <a href="https://t.co/jqcJPInSt9" target="_blank" rel="nofollow">pic.twitter.com/jqcJPInSt9</a></p>— CME Group (@CMEGroup) <a href="https://twitter.com/CMEGroup/status/1811490651508211949?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 11, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Brad Garlinghouse, the chief executive of American fintech firm Ripple, took to social media platform X to express his …</p>
<p>The post <a href="https://coinedition.com/institutional-adoption-of-xrp-and-icp-gets-boost-with-new-cme-benchmarks/">Institutional Adoption of XRP and ICP Gets Boost with New CME Benchmarks</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Institutional Adoption of XRP and ICP Gets Boost with New CME Benchmarks

Coin Edition

Other articles published on Jul 12, 2024

Mafia Tate (MAFTATE) Solana Memecoin Will Explode 14,000% as KuCoin Listing Announced, While SHIB...

Best Airdrops for Easy Profits

VeBetter DAO: VeChain’s Sustainability Platform Takes Off in Japan

Bitcoin at a Crucial Juncture as Bear Market Looms: On-Chain Data Insights

Politician Pepe (POLPEPE) Memecoin Buyer Secures Over 400% Profit, But Waits For 18,000% Rally

SEC Crypto Accounting Guidelines Relaxed for Some Companies

Join our free newsletter for daily crypto updates!