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Bloomberg Adds Price Data for 6 New Crypto Assets
The data is being provided by a Kraken unit.
Updated Sep 14, 2021, 12:22 p.m. Published Mar 5, 2021, 3:44 p.m. 1 min read
Financial data firm Bloomberg announced Friday it is now providing information for six more cryptocurrencies.
- The Bloomberg terminal now provides price data for orchid, omg network, eos, chainlink, tezos and stellar.
- The data comes from CF Benchmarks, a Financial Conduct Authority–regulated indices provider and Kraken subsidiary.
- Not only does this show institutional interest is beginning to move beyond bitcoin but it also highlights "how the asset class is being viewed alongside the traditional asset classes," said Sui Chung, CEO of CF Benchmarks.
Read more: Kraken CEO Says He’d Only Want to Go Public at a Valuation Above $10B
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The launch of round-the-clock bitcoin futures trading eliminates the long-standing CME weekend gap and marks another step toward fully integrated institutional crypto markets.
What to know:
- From Friday, CME Bitcoin futures and options now trade 24/7 on Globex, ending the traditional Friday-to-Sunday market closure that created the widely watched “CME gap.”
- Despite the structural shift, liquidity remains concentrated in ETF options and offshore perpetuals, with IBIT options open interest far exceeding CME crypto options markets.
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