CME Group and CF Benchmarks announced plans to launch two new cryptocurrency reference rates and real-time indices for Ripple XRP (XRP) and Internet Computer (ICP), which will be calculated and published daily by CF Benchmarks, beginning July 29, 2024. These reference rates and indices are not tradable futures products. As with all existing CME CF Benchmarks reference rates and real-time indices, these new benchmarks will utilize pricing data from those leading crypto exchanges and trading platforms that are current constituent exchanges for the CME CF Benchmark suite of reference rates and real-time indices.

Each of the new benchmarks will be calculated with pricing data from a minimum of two of these exchanges ? Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital. Each of these new reference rates will provide the U.S. dollar price of each digital asset, published once-a-day at 4 p.m.London time, while each respective real-time index will be published once per second, 24 hours a day, 365 days per year.