CF Benchmarks today announced the inclusion of Crypto.com Exchange, Crypto.com’s institutional-grade offering, as a CME CF Constituent Exchange across its full suite of bitcoin and ether real-time indices and reference rates.
Effective March 31, 2025, Crypto.com Exchange market data will be incorporated into CF Benchmarks’ full suite of CME CF Bitcoin-Dollar Indices, CME CF Ether-Dollar Indices and CME CF Ether-Bitcoin Ratio benchmarks. The addition of a significant new constituent exchange further enhances the representativeness and integrity of the CME CF Cryptocurrency Pricing Products.
With this addition, CF Benchmarks’ bitcoin and ether indices now draw on market data from eight CME CF Constituent Exchanges. As a result, the Bitcoin Reference Rate (BRR) now reflects transaction data from markets representing over 98% of global BTC-USD trading, while the Ether-Dollar Reference Rate (ETHUSD_RR) covers 92% of global ETH-USD trading.
“The past 12 months has seen explosive growth in crypto financial products, highlighted by the launch of spot bitcoin ETFs: one of the most successful debuts in US capital markets history,” said Sui Chung, CEO of CF Benchmarks. “As the crypto market continues to evolve and new financial products emerge, integrating Crypto.com Exchange as our eighth CME CF Constituent Exchange enhances the accuracy and resilience of our benchmarks, ensuring they continue as the trusted standard for investors.”
“We have invested heavily over the past two years in making the Crypto.com Exchange the best possible crypto platform for institutional and advanced users,” said Giuseppe Giuliani, Senior Managing Director, Global Head of Exchange of Crypto.com. “CF Benchmarks is the industry’s most respected and utilised index, and having the Crypto.com Exchange included as a CME CF Constituent Exchange is a natural consequence of the hard work we have put into our offering and a statement to our leadership role in crypto institutional trading.”
“We are excited for the addition of Crypto.com to our CME CF Bitcoin and Ether indices,” said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. “As the cryptocurrency market matures, more investors are seeking reliable investment instruments that offer transparent and trusted pricing. The addition of Crypto.com will add more depth and pricing accuracy to our trusted real-time indices and reference rates which serve as benchmarks for market-leading Bitcoin and Ether futures.”
