ICE’s CoinDesk crypto futures are live, with DeFi rate contracts next on the list

Intercontinental Exchange (ICE), owner of the NYSE, launched new cash-settled, U.S. dollar-denominated cryptocurrency futures tied to seven CoinDesk indices, including the CoinDesk 20 and single-asset contracts for bitcoin, ether, solana, XRP, and BNB. These products are designed for institutions seeking price exposure without the complexities of spot crypto custody. Following this launch, ICE plans to list One Month CoinDesk Overnight Rates USDC futures, pending regulatory review. These planned DeFi rate futures aim to reflect annualized borrowing costs in decentralized finance markets, allowing traders to express views on crypto credit and liquidity conditions, moving beyond simple directional bets on asset prices. ICE noted that tens of billions of dollars are already tied to the underlying CoinDesk benchmarks.

(Source：CoinDesk)