CF Benchmarks launches CFB Oracle to put Wall Street pricing data onblockchain
CF Benchmarks makes Wall Street pricing data available on blockchains
CF Benchmarks, a company owned by Kraken parent Payward, has launched CFB Oracle, a new service that gives blockchain-based financial applications access to its pricing benchmarks for cryptocurrencies, stocks, bonds, commodities and currencies. Its pricing data is currently used by products representing more than $120 billion in assets, including BlackRock's bitcoin exchange-traded fund, or ETF, and CME Group's crypto futures contracts.
The service aims to let developers build onchain index funds, tokenized portfolios and derivatives without creating their own pricing systems. CF Benchmarks already provides the same kind of pricing data to traditional financial markets.
How the service works
A blockchain-based fund holding tokenized stocks, for example, needs reliable prices to calculate the value of its portfolio. A lending platform accepting tokenized bonds as collateral needs that data to decide how much users can borrow and when positions should be closed. CFB Oracle provides that reference pricing.
The data is digitally signed, so applications can verify it came from CF Benchmarks and has not been altered. The company also publishes each index at the same frequency for all customers, rather than charging for faster access.
CFB Oracle is available on Ethereum, HyperEVM and Robinhood Chain, with plans to support other compatible networks. The company says the service does not issue funds or handle trades itself. Its role is to supply the reference prices those products need to operate.
Payward's planned use
The Kraken parent intends to use CFB Oracle for an upcoming U.S. perpetual futures offering powered by Hyperliquid. That product is still awaiting regulatory approval.
What is confirmed
- CF Benchmarks is owned by Kraken parent Payward.
- CFB Oracle now provides pricing benchmarks for crypto, stocks, bonds, commodities and currencies to blockchain applications.
- Its data underpins BlackRock's bitcoin ETF and CME Group's crypto futures.
- Products using its pricing data represent more than $120 billion in assets, according to the company.
- The service is live on Ethereum, HyperEVM and Robinhood Chain.
- Data is digitally signed and published at the same frequency for every customer.
- Payward plans to use CFB Oracle for a U.S. perpetual futures product powered by Hyperliquid, pending regulatory approval.
- CF Benchmarks competes with oracle providers such as Chainlink and Pyth.
What is still unclear
- The source does not state when CFB Oracle launched or the exact pricing for third-party users.
- The timeline for the U.S. perpetual futures product depends on regulatory approval and is not confirmed.
- The article does not say which other blockchain networks will be added next.
Why this matters
By putting established financial benchmarks onblockchain, CF Benchmarks lowers the barrier for developers building traditional-style investment products in decentralized finance, or DeFi. Rather than building and maintaining their own price feeds, teams can rely on pricing infrastructure already trusted by major financial institutions.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.
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