Nasdaq and CME Reshape Crypto Benchmarks with Rebranded Index Covering Multiple Digital Assets
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Deepened Collaboration: Nasdaq and CME Group enhance their cooperation in digital assets by unifying crypto benchmarks into the Nasdaq-CME Crypto Index, reflecting a strong focus on institutional investor needs.
- Diversified Asset Coverage: The new index tracks not only Bitcoin but also Ethereum, XRP, Solana, and others, providing broader exposure across blockchain ecosystems to meet investor demand for diversification.
- Evolution of Investor Behavior: Nasdaq executives highlight that the index-based approach is becoming a trend among institutional investors, which will drive the mainstream adoption of crypto assets and reduce concentration risks associated with single assets.
- Market Infrastructure Development: CME's involvement paves the way for futures and options products tied to broader crypto benchmarks, potentially offering more hedging tools for institutions already active in crypto markets, thus promoting market maturity and development.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
