Rich by Coin

Intercontinental Exchange (ICE) today announced the launch of cryptocurrency futures contracts based on seven CoinDesk Indices, including CoinDesk 20 and CoinDesk 5 Indices.
The contracts include CoinDesk 20 Index Futures, CoinDesk 5 Index Futures, CoinDesk Bitcoin Futures, CoinDesk Ether Futures, CoinDesk Solana Futures, CoinDesk XRP Futures, and CoinDesk BNB Futures.
The CoinDesk indexed contracts are U.S. dollar denominated and cash-settled.
The flagship CoinDesk 20 Index tracks the performance of digital assets, including Bitcoin, BNB, Ethereum and Solana, using a capped market capitalization-weighted methodology to ensure broad exposure and diversification benefits across all constituents, and it accounts for over 90% of the digital asset market with more than $16 billion in linked product volume.

The CoinDesk 5 Index is market capitalization-weighted and tracks the performance of the five largest constituents of the CoinDesk 20.
“The digital asset space is evolving rapidly, and we are excited to collaborate with CoinDesk to launch these new futures contracts,” said Jennifer Ilkiw, President of ICE Futures U.S.
“The launch expands ICE’s existing relationship with CoinDesk and will bring further transparency to the digital asset market.”
“CoinDesk Indices were built to serve as trusted benchmarks for the digital asset sector, and this launch with ICE advances that mission into regulated futures markets,” said David LaValle, President of CoinDesk Data and Indices.

Meanwhile, ICE plans to launch One Month CoinDesk Overnight Rates (CDOR) USDC futures based on CoinDesk’s Overnight Rate, subject to regulatory review.
CDOR rates are daily benchmarks that reflect the annualized effective interest rate paid by borrowers in decentralized finance markets and are structurally similar to traditional overnight rates like SOFR or €STR.