CME Group Bolsters Crypto Infrastructure with ENA Benchmark Additions
CME Group has strengthened its crypto infrastructure by adding three regional U.S. dollar reference rates and real-time indices for Ethena's ENA token.
The new benchmarks, which started publication on August 24th, are available seven days a week and provide fixed prices for portfolio valuation and net asset value calculations.
CF Benchmarks will calculate the indices from transactions across eligible spot venues to support risk controls, making them useful for firms that need to monitor collateral and manage risks.
The addition of these benchmarks brings ENA alongside other cryptocurrencies such as Bitcoin, Ether, Solana, XRP, Cardano, Chainlink, Stellar, Avalanche, and Sui in CME's benchmark lineup.