{"id":535816,"date":"2023-01-06T00:30:00","date_gmt":"2023-01-05T21:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cme-group-to-launch-3-metaverse-reference-rates\/"},"modified":"2023-01-06T00:30:00","modified_gmt":"2023-01-05T21:30:00","slug":"cme-group-to-launch-3-metaverse-reference-rates","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cme-group-to-launch-3-metaverse-reference-rates\/","title":{"rendered":"# CME Group to launch 3 metaverse reference rates"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2670605e7ba\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2670605e7ba\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/cme-group-to-launch-3-metaverse-reference-rates\/#%E2%80%9D_CME_Group_to_launch_3_metaverse_reference_rates_%E2%80%9C\" >&#8221; CME Group to launch 3 metaverse reference rates  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_CME_Group_to_launch_3_metaverse_reference_rates_%E2%80%9C\"><\/span>&#8221; CME Group to launch 3 metaverse reference rates  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvM2U1NTJmZmEtZmY3ZC00NzU2LWE4NzItMjBmYzQyZWY4YzU5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-6ed77c39>Derivatives marketplace CME Group is planning to launch reference rates and real-time indices for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance.\u00a0<\/p>\n<p>Beginning Jan. 30, CME Group and CF Benchmarks will launch reference rates for Axie Infinity (AXS), Chiliz (CHZ) and Decentraland (MANA), the company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/cme-group-and-cf-benchmarks-to-launch-three-new-metaverse-reference-rates-and-real-time-indices-on-january-30-301714319.html\">announced<\/a> on Jan. 5. The reference rates and indices are not tradeable products but instead can be used by investors to \u201cprice sector-specific portfolios, develop structured products \u2026 And manage price risk around various Metaverse-based projects,\u201d said Giovanni Vicioso, CME Group\u2019s head of cryptocurrency products. <\/p>\n<p>The reference rates and real-time indices for AXS, CHZ and MANA will be calculated using pricing data from at least two crypto exchanges, including Bitstamp, Coinbase, Kraken, itBit and LMAX Digital. The assets\u2019 reference rates will be priced in U.S. dollars and published daily at 4 p.m. London time; each real-time index will be published every second of every day. <\/p>\n<p><iframe loading=\"lazy\" title=\"How the metaverse and Web3 could reshape the fashion industry\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/69ibZ2sBexo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>Chiliz, the largest of the aforementioned metaverse plays, currently has a market capitalization of $742.1 million, according to CoinMarketCap. Axie has a market cap of $686.5 million and Decentraland is worth roughly $597.2 million. <\/p>\n<p>CME Group has been active on the crypto scene, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=cme+group+cointelegraph&amp;rlz=1C1FHFK_enCA938CA938&amp;sxsrf=ALiCzsbanKajdYjcJXCiM-AfD3MT2tHdZA%3A1672945823266&amp;ei=nyC3Y-bpD9CfptQP4IyPiAM&amp;ved=0ahUKEwimtZjskLH8AhXQj4kEHWDGAzEQ4dUDCA8&amp;uact=5&amp;oq=cme+group+cointelegraph&amp;gs_lcp=Cgxnd3Mtd2l6LXNlcnAQAzIECCMQJzoKCAAQRxDWBBCwAzoHCAAQHhCiBDoFCAAQogQ6CAghEMMEEKABOgcIIxCwAhAnSgQIQRgASgQIRhgAUJIDWL0IYIoLaAFwAXgAgAF5iAG1BZIBAzQuM5gBAKABAcgBCMABAQ&amp;sclient=gws-wiz-serp\">launching micro-sized<\/a> Bitcoin (BTC) and Ether (ETH) options last year. The derivatives marketplace also launched euro-denominated BTC and ETH options for institutional investors outside the United States. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>An overview of the metaverse in 2022<\/em><\/strong><\/p>\n<p>Metaverse tokens exploded in popularity during the previous crypto bull market, as dozens of projects promised to create virtual versions of the real world. Recognizing this potential opportunity, Mark Zuckerberg\u2019s <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> rebranded to Meta in October 2021. Meta\u2019s metaverse division has been hemorrhaging money since its inception, underscoring the difficulties of creating commercially viable products in the new virtual world. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/cme-group-to-launch-3-metaverse-reference-rates\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; CME Group to launch 3 metaverse reference rates &#8220; Derivatives marketplace CME Group is planning to launch reference rates and real-time indices for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance.\u00a0 Beginning Jan. 30, CME Group and CF Benchmarks will launch reference&#8230;<\/p>\n","protected":false},"author":1,"featured_media":535817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/3e552ffa-ff7d-4756-a872-20fc42ef8c59.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75845,91498,96434,117],"class_list":["post-535816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cme","tag-metaverse","tag-axie-infinity","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/535816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=535816"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/535816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/535817"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=535816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=535816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=535816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}