NYSE Partners with CoinDesk Indices to Launch Bitcoin Financial Products Today

May 29, 2024, 12:34 PM

The New York Stock Exchange (NYSE) has announced today a collaboration with CoinDesk Indices to launch financial products that track spot Bitcoin prices. This partnership, reported by Reuters, will introduce cash-settled index options based on the CoinDesk Bitcoin Price Index (XBX), which is the longest-operating spot Bitcoin index. The move marks a significant step in integrating Bitcoin into mainstream financial markets.