Nasdaq has launched its updated cryptocurrency index, now called the Nasdaq CME Crypto™ Index, in collaboration with the CME Group. This revamped index aims to serve as a foundational tool for regulated cryptocurrency products. CF Benchmarks will manage the index's calculations, ensuring it is supported by rigorously vetted exchanges and custodians. A joint governance team will oversee compliance with current standards, and the methodology, including criteria for index constituents, is publicly available. Giovanni Vicioso of CME Group highlighted the partnership as a combination of "two gold standards" to provide diversified investment options.