Crypto.com has become a constituent of CF Benchmarks, thereby improving Bitcoin and Ethereum indices.
Crypto.com’s marketplace statistics will soon be incorporated into the real-time indices and benchmark rates for Bitcoin and Ethereum marketplaces.
CF Benchmarks, a cryptocurrency index supplier controlled by the UK Financial Conduct Authority, has included Crypto.com as a component exchange.
Beginning March 31, 2025, Crypto.com’s marketplace statistics will bolster CF Benchmarks’ Bitcoin (BTC) and Ethereum (ETH) index suites. Crypto.com will turn into a CME CF constituent exchange, supplying its institutional-grade marketplace statistics to three CME CF indices. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
CF Benchmarks will integrate Crypto.com’s pricing statistics into the CME CF Bitcoin-Dollar Index, CME CF Ether-Dollar Index, and CME CF Ether-Bitcoin Ratio Benchmark. With this inclusion, CF Benchmarks’ component exchanges will rise to eight, consisting of Bitstamp, Coinbase, Gemini, itBit, Kraken, Bullish, and LMAX Digital.
Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, conveyed exhilaration about Crypto.com joining their CME CF Bitcoin and Ether indices.
Vicioso observed that as the marketplace expands swiftly and cryptocurrency adoption surges, investors are seeking investment instruments that supply dependable, transparent, and trustworthy pricing. He appended that Crypto.com’s inclusion will enhance the depth and pricing precision of their trusted real-time indices and benchmark rates, which serve as benchmarks for leading Bitcoin and Ether futures.
Crypto.com’s statistics will now bolster CME CF’s cryptocurrency pricing in key industry products, including spot Bitcoin exchange-traded funds and cryptocurrency derivatives provided by CME Group.
The affected spot ETF offerings encompass those from BlackRock, Ark Invest, Bitwise, and WisdomTree. CF Benchmarks’ eight exchange collaborators represent 98% of worldwide BTC/USD commerce and 92% of ETH/USD trading.
The exchange has also secured complete authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), thereby bolstering its adherence within the worldwide marketplace. Besides spot, margin, and cryptocurrency derivatives trading, the exchange also provides custodial options and has broadened its international activities through substantial acquisitions, including within the United Arab Emirates. Crypto.com inaugurated the Crypto.com Exchange in 2019 and has evolved into one of the foremost regulated cryptocurrency exchanges worldwide.
