PANews reported on December 10 that according to X user @stakenode_dev, CME CF has launched the New York Reference Rate (DOTUSD_NY Reference Rate) for Polkadot, which calculates a standardized price that complies with the US Eastern Market Hours (3pm to 4pm) every day. This move provides institutions, traders and analysts with a transparent and reliable DOT pricing reference, which is an important step in promoting the integration of Polkadot into the traditional financial market.
CME Group's official Twitter account also announced earlier that the New York version of the CME CF Polkadot (DOT) reference rate is now live. This reference rate lays the foundation for the future launch of financial products linked to DOT (such as ETFs, derivatives and risk management tools). Previously, CME CF has successfully promoted BTC and ETH to the mainstream.
X user @Biz_R_ responded that the CME CF New York reference rate currently covers six crypto assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Chainlink (LINK), Polygon (POL) and Polkadot (DOT).
