Nasdaq launched its revamped crypto index through a partnership with the CME Group.

PANews reported on January 9th that, according to Cryptopolitan, the Nasdaq Crypto™ Index has undergone a major update and is now renamed the Nasdaq CME Crypto™ Index. Nasdaq and the CME Group hope this index will become the preferred foundational tool for regulated cryptocurrency products. CF Benchmarks will handle the index's calculations, and it is backed by rigorously vetted exchanges and custodians. A joint governance team oversees all aspects to ensure compliance with current standards. The entire methodology is publicly available, including the inclusion and exclusion criteria for index constituents and the frequency of constituent list updates. Giovanni Vicioso of CME Group stated, "This is a powerful combination of two gold standards, designed to provide the regulated, diversified investment options and foundational building blocks that the market needs today."