Brad Garlinghouse Backs Introduction of XRP and ICP Indices by CME
Revolutionizing crypto Indices: A New Chapter Begins Digital currencies are skyrocketing to unprecedented heights, capturing the attention of investors worldwide As the crypto universe expands, the demand for accurate and reliable financial instruments also grows Enter the scene, a groundbreaking announcement from the Chicago Mercantile Exchange (CME) that is set to redefine how investors approach cryptocurrency investments The Birth of New crypto Benchmarks In an exhilarating development for the crypto market, Brad Garlinghouse, the CEO of Ripple, has expressed his enthusiasm for CME's latest venture - the introduction of new reference rates and real-time indices for Ripple’s XRP and Internet Computer (ICP), kicking off on July 29 This initiative is not merely a step but a giant leap in enhancing portfolio valuation accuracy, an aspect critically needed for institutional crypto products...
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