FalconX and CF Benchmarks partner to provide regulated access to crypto derivative markets

Digital assets prime brokerage FalconX is partnering with UK-based crypto index provider CF Benchmarks to provide access to regulated crypto derivative markets via swaps, options and non-deliverable forwards that settle to single asset reference rates.

"Derivatives benchmarked against resilient and regulated indices are the primary route institutions take to gain exposure to the crypto asset class,” CF Benchmarks CEO Sui Chung said in a statement.

The contracts provide exposure to bitcoin settled against the CME CF Bitcoin Reference Rate, and to ether settled against the CME CF Ether-Dollar Reference Rate, according to the statement. 

"Regulated derivatives are critical instruments for institutional investors to safely access digital assets,” FalconX chief product officer Baris Cetinok said.