cryptonews.net
Chicago Mercantile Exchange (CME) Group, the world’s leading derivatives marketplace, has officially listed Ripple (XRP) and Internet Computer (ICP) on its platform. The move, which went into effect on July 29, allows institutional investors to access trusted pricing through new real-time reference rates and indices for these cryptocurrencies.
On July 11, CME Group, in collaboration with CF Benchmarks, announced the launch of two new cryptocurrency reference rates and real-time indices for XRP and ICP, which would be listed on July 29. The aim of these indices is to provide transparent pricing and trusted benchmarks, expanding CME’s existing Bitcoin product line.
Ripple CEO Brad GARLINGHOUSE welcomed the addition of XRP to the CME platform, emphasizing the importance of trusted benchmarks for institutional investors. He believes that this initiative will increase institutional trust in digital assets and improve market transparency.
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