CME Officially Adds Ripple's XRP and ICP to Its Website
On July 11th, 2024, the CME Group made a significant announcement, revealing their plans to introduce two new cryptocurrency reference rates and real-time indices for Ripple’s (XRP) and Internet Computer (ICP). These rates will be computed and released daily by CF Benchmarks, starting on July 29.
The official confirmation of this initiative is now available on the CME website, signifying a pivotal moment for Ripple and its community of XRP enthusiasts. This development further solidifies the position of XRP in the cryptocurrency market and is likely to impact its value positively.
As the integration with CME progresses, it may open doors to broader adoption and increased utility for Ripple's digital asset.
Overall, the decision by CME to include XRP in its cryptocurrency reference rates is a clear indication of the growing significance of Ripple's native digital currency in the global financial landscape.