CME Group records increased demand for crypto products despite bear market

CME Group records increased demand for crypto products despite bear market

Terrence A. Duffy, chairman and CEO of leading derivatives marketplace Chicago Mercantile Exchange (CME), disclosed that his company has noticed some growth in demand for its crypto products.

Duffy revealed that demand for CME’s crypto derivatives products has surged since November. The CME chief executive believes market conditions in 2022 could have affected institutional demand for its products.

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