Trending Now - Nyse's Parent Company Unveils USD Futures for Computing Power

WHO:

Techmeme - Intercontinental Exchange Inc. is the owner of the New York Stock Exchange.

Bloomberg Markets - Ornn is a financial infrastructure company partnering with Intercontinental Exchange.

WHAT:

NewsBTC - The CME Group and Nasdaq are set to launch the Nasdaq CME Crypto Index Futures on June 8, which will include XRP in the basket of digital assets.

NewsBTC - The upcoming index futures contract will be the first-ever market-cap-weighted crypto index futures contract, providing institutional investors regulated access to a range of digital assets.

Techmeme - Intercontinental Exchange is launching USD-denominated futures contracts for computing power.

Bloomberg Markets - The new futures contracts are aimed at tracking the price of computing power, which is essential for AI technology.

WHERE:

Techmeme - The initiative is associated with the New York Stock Exchange, located in New York City.

WHEN:

NewsBTC - The CME Group will shift its crypto futures and options trading to a 24/7 schedule starting May 29, ahead of the June launch.

WHY:

NewsBTC - The shift to 24/7 trading is designed to match the round-the-clock nature of crypto markets, reflecting the increasing demand for regulated crypto products.

Bloomberg Markets - The market for computing power is developing as the demand for AI technology increases.

HOW:

Techmeme - The partnership with Ornn is part of the strategy to introduce these futures contracts.

(UPDATED May 20, 2026 01:39 UTC)

The CME Group and Nasdaq are set to launch the Nasdaq CME Crypto Index Futures on June 8, which will include XRP in the basket of digital assets. This upcoming index futures contract will be the first-ever market-cap-weighted crypto index futures contract, providing institutional investors regulated access to a range of digital assets. To prepare for this launch, the CME Group will shift its crypto futures and options trading to a 24/7 schedule starting May 29, reflecting the increasing demand for regulated crypto products.

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(UPDATED May 19, 2026 16:08 UTC)

Intercontinental Exchange, the owner of the New York Stock Exchange, is set to launch USD-denominated futures contracts for computing power, which is crucial for the growing demand in AI technology. This initiative, in partnership with the financial infrastructure company Ornn, aims to track the price of computing power and is associated with the New York Stock Exchange in New York City. As the market for computing power continues to develop, these new futures contracts represent a strategic move to meet the increasing needs of the AI sector.