CF Benchmarks Launches On-Chain Pricing Service Supporting BlackRock Bitcoin ETF

CF Benchmarks has launched CFB Oracle, bringing pricing benchmarks for the BlackRock Bitcoin ETF and CME Group cryptocurrency futures to blockchain applications. This service provides benchmark data for markets including cryptocurrencies, stocks, bonds, commodities, and foreign exchange, supporting developers in building on-chain index funds, tokenized portfolios, and derivatives products. CF Benchmarks states that its indices currently serve products representing over $120 billion in assets. CFB Oracle now supports Ethereum, HyperEVM, and Robinhood Chain, with plans to expand to other compatible networks in the future. Payward also plans to use this service for its upcoming U.S. perpetual contract product, providing pricing data for a product that is still awaiting regulatory approval. This service will compete with oracle providers such as Chainlink and Pyth.

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