Nasdaq and CME Group have teamed up to give institutional investors a single, regulated yardstick for crypto markets. Early this month the firms relaunched the Nasdaq Crypto Index under a new name—the Nasdaq‑CME Crypto Index (NCI)—positioning it as a formal benchmark for ETFs, structured funds and other regulated products. What’s changing - The NCI will be calculated by CF Benchmarks and governed by joint oversight committees with representatives from both Nasdaq and CME. That governance model is designed to mirror the transparent, rules‑based index practices common in equities and derivatives — regular reconstitutions, published methodology and formal oversight. - The index tracks a basket of major coins rather than a single token, so products tied to it would offer diversified crypto exposure. Why it matters - By pairing Nasdaq’s indexing expertise with CME’s regulated trading infrastructure, the partners aim to give institutional managers a familiar, compliant benchmark they can use when building regulated products. - CME’s public materials highlight plans for more product and contract activity linked to the index and emphasize the ability to support markets that run around the clock—important for crypto’s 24/7 trading cadence. Operational and timing notes - CF Benchmarks has already been handling Nasdaq Crypto Index reconstitutions, including the December 1, 2025 reconstitution, which was part of preparations for the rebrand. - Nasdaq has updated market data listings to reflect the new index names, with some changes scheduled to take effect later in January 2026—indicating a phased rollout that begins with naming and governance alignment and moves toward full data and product support for issuers and market makers. Market reaction - The announcement was picked up quickly across trading and financial news outlets, which noted the name change and the partners’ shared governance approach as a push to bring clearer rules and stronger institutional infrastructure to index‑based crypto exposure. Image/Chart credits: Featured image from Unsplash; chart from TradingView. Read more AI-generated news on: undefined/news