CF Benchmarks puts Wall Street pricing data onchain for developers
CF Benchmarks has launched a service that brings Wall Street-style pricing infrastructure onto blockchains, including data that BlackRock uses. The service could help developers build onchain products that rely on established financial benchmarks, which may matter for traders following tokenized assets.
Why it matters
- Brings established benchmark pricing data to blockchain-based products.
- Developers could use it to build onchain index funds and tokenized portfolios.
- Derivatives built on these benchmarks could be another use case.
What to watch next
Watch for developers and asset issuers announcing new onchain index funds or derivatives that use CF Benchmarks data.
