CME Block Chain

Written November 15, 2016 by
Jack Bouroudjian
Chief Economist

Once again, we at UCX, congratulate the CME group for the innovative thought behind the launch of CME CF Bitcoin Reference Rate and CME CF Bitcoin Real Time Index in partnership with London-based firm Crypto Facilities.

Whether it be Bitcoin or other assets born out of the promise of block chain technology, CME has always been the pioneer with cutting edge products and services.  UCX has always maintained that block Chain technology will change the landscape of the financial services industry as we know it to be.  This announcement by CME Group only proves that the financial world has taken yet another step towards real disruption.

As the world continues down the path of digital efficiency, UCX is poised to be the on-demand spot exchange to mange the needs and risks of IT’s digital assets.  Kudos to our friends at the CME Group!