CF Benchmarks announced the addition of Crypto.com as a new data source for its bitcoin and ethereum indices. This move strengthens Crypto.com's position as a prominent player in the cryptocurrency market.
Integration of Crypto.com into CF Benchmarks
CF Benchmarks, regulated by the UK's FCA, has included Crypto.com in its indices starting March 31, 2025. The data will be used for CME CF indices that assess the value of bitcoin and ethereum relative to the US dollar.
Role of New Data in Indexing
Data from Crypto.com will enhance the depth and accuracy of CF Benchmarks' price indices which are used for bitcoin and ether futures. Eight partner exchanges, including Crypto.com, now account for 98% of global BTC-USD trades and 92% of ETH-USD trades.
Growth and Development of Crypto.com
Founded in 2019, Crypto.com quickly became one of the largest regulated crypto exchanges. The company provides custody solutions and actively expands its global presence, having received full licensing under the European MiCA regulation.
The integration of Crypto.com's data into indices enhances overall transparency and accuracy of evaluative instruments for investors. This underscores Crypto.com's reliability and growing reputation as a leading player in the global cryptocurrency market.
