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

CME Group and CF Benchmarks, a cryptocurrency benchmark index provider, today announced plans to launch two new cryptocurrency reference rates and real-time indices, XRP and ICP, calculated and published daily by CF Benchmarks, starting July 29. The new benchmarks will utilize pricing data from cryptocurrency exchanges and trading platforms that currently make up the CME CF benchmark reference rate and real-time index suite. Each new benchmark will be calculated using pricing data from at least two exchanges, including Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital.