PANews reported on February 11th, citing Business Wire, that Intercontinental Exchange (ICE) has announced the launch of cryptocurrency futures contracts based on seven CoinDesk indices, including CoinDesk 20 index futures, CoinDesk 5 index futures, and single-currency futures for Bitcoin, Ethereum, Solana, XRP, and BNB. These contracts are denominated in US dollars and settled in cash. Currently, over $40 billion in assets are tracking these CoinDesk indices. The CoinDesk 20 index uses a capped market capitalization weighting method, covering over 90% of the digital asset market, with a total linked product size exceeding $16 billion. ICE also plans to launch a one-month CDOR USDC futures contract based on the CoinDesk Overnight Rate, tracking overnight interest rates in the decentralized finance (DeFi) market, pending regulatory approval.
Intercontinental Exchange launches cryptocurrency futures contracts based on the CoinDesk index.
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