Why Metaverse Move By CME Derivatives Trading Giant is Good News For Fight Out
With the introduction of CME Group’s reference rates and real-time indexes for three metaverse crypto assets, investors will be able to keep better tabs on pricing data using a technique that is more familiar to the world of traditional finance.
It will let investors track price data more accurately by using a method created by CME Group, a marketplace for derivatives, to set reference rates and real-time indexes used in traditional finance.
Three New Metaverse Reference Rates and Real-Time Indices
CME Group, the largest derivatives marketplace, and CF Benchmarks, the leading cryptocurrency benchmark indices provider, announced three new Metaverse reference rates and real-time indices on January 4. CF Benchmarks will calculate and publish these indices daily starting January 30.
The CME CF Benchmark family of reference rates and real-time indices uses pricing data from the top cryptocurrency exchanges and trading platforms for these new Metaverse benchmarks. Reference pricing for Decentraland’s MANA, Chiliz, and Axie Infinity (AXS) Shards was announced.
At least two cryptocurrency exchanges, including Bitstamp,…
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