What Is One Of The World's Largest Derivatives Exchanges Doing With Bitcoin?

CME Group handles three billion contracts worth about $1 quadrillion annually. So why is it making a foray into bitcoin, whose market capitalization is a mere $16 billion? Sandra Ro, CME's head of digitization, explains its first cryptocurrency products, the Bitcoin Reference Rate and the Bitcoin Real-Time Index, as well as a forthcoming blockchain-based product, Royal Mint Gold. She also reveals which other cryptocurrencies have piqued her interest and which other physical world assets she thinks could be traded by blockchain. Read the show notes. Other links: CME's Bitcoin Reference Rate Bitcoin Real-Time Index Royal Mint Gold Learn more about your ad choices. Visit megaphone.fm/adchoices