Chicago Mercantile Exchange (CME) Group and CF Benchmarks will offer new reference rates and real-time indices for Ripple (XRP) and Internet Computer (ICP), starting July 29.
According to a July 11 announcement made by the CME Group, CF Benchmarks will publish these new indices daily to deliver accurate and reliable pricing information for Ripple and Internet Computer to a broad range of market participants.
The new benchmarks will rely on pricing data from top cryptocurrency exchanges and trading platforms included in the CME CF Benchmark suite. Each benchmark will be calculated using data from at least two of these exchanges.