Chicago Mercantile Exchange (CME), the world’s largest financial derivatives exchange, is launching its data tracking service for metaverse altcoins Axie Infinity (AXS), Decentraland (MANA) and Chiliz (CHZ).
CME said in a statement. AXS, MEANING and CHZ announced that it will launch metaverse reference rates with data tracking for traditional finance The reference rate system, which is frequently used by investors, will allow investors to follow pricing data in real time and reliably.
Giovanni Vicioso, head of crypto products at CME Group, There are no products that can be traded and explained the possibilities of using this system for price tracking and risk analysis of cryptocurrencies.
These products are not designed for trading as is known. Reference rates can be used to price industry-specific portfolios, develop structured products, and manage price risk around various Metaverse-based projects.
In a statement made by Vicioso, real-time data Bitstamp, coinbase, Kraken, itBit and LMAX digital It has been announced that it will be taken from at least two crypto exchanges, including In the additional information, it was declared that the reference rates of the assets would be priced in dollars and published daily.