Nasdaq and CME Group have rebranded their joint crypto index as the Nasdaq CME Crypto Index (NCI), providing institutions with a regulated, transparent benchmark for digital asset exposure. The relaunch is designed to meet rising institutional demand for governance and transparency and to underpin regulated ETFs and diversified crypto strategies.
The NCI is calculated by CF Benchmarks and built on vetted exchanges and custodians, overseen by a joint governance committee. It supports the development of ETFs, structured products, and managed funds.
This is not just a name change, CME Group’s Giovanni Vicioso said, adding that it represents “the combination of two gold standards.” Nasdaq’s Sean Wasserman noted that investors are moving beyond single-asset exposure toward broader index-based strategies. The relaunch comes as the index underpins over $1 billion in assets globally, including the Hashdex Nasdaq Crypto Index ETF (NCIQ) in the US. OKX reduces its workforce in a global restructuring effort.
Leave a Reply