CME Group and CF Benchmarks to Launch Four New Cryptocurrency Reference Rates and Real-Time Indices on June 2

Rhea-AI Summary

CME Group and CF Benchmarks have announced the launch of four new cryptocurrency reference rates and real-time indices for Arbitrum, Ondo, NEAR, and Sui on June 2. The new benchmarks will provide U.S. dollar pricing data, with reference rates published daily at 4 p.m. London time and real-time indices updated every second. Ondo and Sui will have additional reference rates published at 4 p.m. New York time.

The expansion will cover over 96% of the investible cryptocurrency market capitalization, utilizing pricing data from at least two constituent exchanges including Bitstamp, Bullish, Coinbase, Crypto.com, Gemini, itBit, Kraken, and LMAX Digital. These reference rates and indices are designed as pricing benchmarks and are not tradable futures products.

Positive

• Expansion to cover 96% of investible cryptocurrency market capitalization
• Integration with major cryptocurrency exchanges for pricing data
• Enhanced market transparency and reliable pricing data for institutional investors

Negative

• Reference rates and indices are not tradable futures products

News Market Reaction

-0.04%

1 alert

-0.04% News Effect

On the day this news was published, CME declined 0.04%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHICAGO and LONDON, May 29, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch four new cryptocurrency reference rates and real-time indices for Arbitrum, Ondo, NEAR and Sui.

These reference rates and indices are not tradable futures products.

"Our new benchmarks are designed to provide clear and transparent pricing data to a broad range of market participants, allowing them to more accurately value portfolios or create structured products," said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. "With 28 cryptocurrencies in our suite of CME CF References Rates and Real-Time Indices, we will provide pricing benchmarks across more than 96% of the investible cryptocurrency market capitalization, further bringing reliable and trusted data to these growing assets in the crypto ecosystem. 

As with all existing CME CF Benchmark Reference Rates and Real-Time Indices, these new benchmarks will utilize pricing data from at least two of the current constituent exchanges for the CME CF Benchmark suite of reference rates and real-time indices, which include Bitstamp, Bullish, Coinbase, Crypto.com, Gemini, itBit, Kraken and LMAX Digital.

"As the range of investible crypto assets continues to evolve and grow, institutions need benchmarks they can trust—benchmarks that meet the same standards of accuracy, transparency, and governance they expect in traditional finance," said Sui Chung, CEO of CF Benchmarks. "The addition of Arbitrum, Ondo, NEAR, and Sui to the CME CF Single Asset Series ensures that market participants can engage with these emerging tokens using indices and reference rates built on the same robust methodologies as the BRR and BRRNY for Bitcoin, which underpin more than $100 billion in regulated crypto financial products. This expansion reflects the accelerating institutionalization of digital assets and our ongoing commitment to supporting the next wave of regulated crypto financial products."

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. Additionally, reference rates for Ondo and Sui will also be published once-a-day at 4 p.m. New York time.

For more information on these products, please visit www.cmegroup.com/cryptobenchmarks.

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals.  The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.

About CF Benchmarks
CF Benchmarks is the leading regulated cryptocurrency index provider. Authorized as a registered benchmark administrator under the UK Benchmarks Regulation (UK BMR). CF Benchmarks (FRN 847100) is on the FCA Benchmarks Register. Benchmark indices are provided through fully replicable public methodologies and transparent governance, for tracking, valuing and settling risk in cryptocurrency products and services.

CF Benchmarks' indices are integrated into some of the largest regulated crypto products by assets. This includes six out of the 11 spot bitcoin ETFs in the US (IBIT, ARKB, EZBC, BITB, BRRR & BTCW) and 99% of the regulated crypto derivatives market, including crypto derivatives offered by CME Group. In total, over $40bn of assets are referenced to CF Benchmarks indices.

CME-G

 

View original content:https://www.prnewswire.com/news-releases/cme-group-and-cf-benchmarks-to-launch-four-new-cryptocurrency-reference-rates-and-real-time-indices-on-june-2-302468464.html

SOURCE CME Group

FAQ

What new cryptocurrency reference rates is CME Group launching in June 2025?

CME Group is launching reference rates and real-time indices for four cryptocurrencies: Arbitrum, Ondo, NEAR, and Sui.

How often will CME Group's new crypto reference rates be updated?

Reference rates will be published once daily at 4 p.m. London time, while real-time indices will be updated every second, 24/7. Ondo and Sui will have additional reference rates at 4 p.m. New York time.

Which exchanges will provide pricing data for CME's new crypto reference rates?

The pricing data will come from at least two of these exchanges: Bitstamp, Bullish, Coinbase, Crypto.com, Gemini, itBit, Kraken, and LMAX Digital.

What percentage of the crypto market will CME Group's reference rates cover?

With 28 cryptocurrencies in their suite, CME Group's reference rates will cover more than 96% of the investible cryptocurrency market capitalization.

Can traders trade futures based on these new CME crypto reference rates?

No, these reference rates and indices are not tradable futures products. They are designed to provide pricing data and benchmarks only.