Nasdaq and CME Group team up to create a benchmark tool for the crypto market. The two leading global exchange operators announced the launch of the Nasdaq-CME Crypto Index, a new market benchmark index that integrates their existing indicator systems in the crypto space. This move marks a further deepening of traditional financial infrastructure providers' involvement in the crypto ecosystem. By standardizing the index, investors will have a clearer market reference tool, aiding in the transparency of crypto asset pricing and the development of market maturity. This also reflects the trend of the crypto market evolving from wild growth to institutionalization and regulation.