CF Benchmarks Launches Onchain Oracle for Institutional Crypto Price Indices
(2 hours ago) · 1 source · Summarized by CryptoBipto
CF Benchmarks, a regulated benchmark administrator, has launched an onchain oracle that publishes its institutional-grade crypto price indices directly on blockchain networks. The oracle is designed to bring the same reference prices used by regulated financial products, such as crypto ETFs, onto decentralized platforms.
WHY IT MATTERS
In crypto, an oracle is a tool that feeds real-world information, like asset prices, onto a blockchain so that automated programs (called smart contracts) can use it.
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SOURCES
- newsbtc.com
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