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home / news releases / CME - Ripple (XRP) Investors Just Got Some Bullish News


CME - Ripple (XRP) Investors Just Got Some Bullish News

2024-07-17 08:09:00 ET

The XRP (CRYPTO: XRP) cryptocurrency, commonly known as Ripple , is earning some fresh respect on Wall Street. I mean that proverbially, of course. The new sign of respect actually comes from the financial district in Chicago.

On July 11, CME Group (NASDAQ: CME) and CF Benchmarks announced two new cryptocurrency reference rates and real-time indexes for Ripple and Internet Computer (CRYPTO: ICP) , beginning on July 29. This development highlights the growing integration of digital assets into mainstream financial markets and underscores their increasing importance in the financial market. It's also a direct vote of confidence in Ripple and ICP by some very traditional voices in the investing culture.

The introduction of reference rates and real-time price indexes for Ripple and ICP is a significant step for these cryptocurrencies.

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Ripple (XRP) Investors Just Got Some Bullish News
Stock Information

Company Name: CME Group Inc.
Stock Symbol: CME
Market: NASDAQ
Website: cmegroup.com

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