Share this article
Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars
CoinDesk Indices Expands Into Asia-Pacific Through Deal With Major Exchange Operator ICE
ICE Futures Singapore's bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts.
ICE Futures Singapore, a division of one of the world's largest exchange operators, is overhauling its bitcoin futures offering to use a benchmark supplied by CoinDesk Indices, according to a press release.
The new CoinDesk Bitcoin Futures (BMC) will settle using the CoinDesk Bitcoin Price Index (XBX) beginning with the October contracts.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The CoinDesk index has been in operation since 2014 and serves as the benchmark for roughly $17 billion of assets under management in investment vehicles. Meanwhile, ICE Futures Singapore is a division of Intercontinental Exchange (ICE), which runs major futures exchanges around the globe and also owns the New York Stock Exchange.
"We are excited to expand our presence into the [Asia-Pacific] region through this collaboration with ICE Futures Singapore," Andy Baehr, managing director at CoinDesk Indices, said in the statement. "This move underscores CDI’s commitment to serving global markets and offering world-class solutions to marketplace participants."
CoinDesk Indices is a subsidiary of CoinDesk.
Stephen Alpher
Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
More For You
Multisig Failures Dominate as $2B Is Lost in Web3 Hacks in the First Half
A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.
What to know:
- Over $2 billion was lost to Web3 hacks in the first half of the year, with the first quarter alone surpassing 2024’s total.
- Multisig wallet mismanagement and UI tampering caused the majority of major exploits.
- Hacken urges real-time monitoring and automated controls to prevent operational failures.
