CF Benchmarks, whose pricing indices underpin BlackRock's Bitcoin exchange-traded fund and CME Group's crypto futures, launched CFB Oracle—bringing institutional-grade market data directly to blockchain networks.
The service, owned by Kraken parent Payward, gives developers access to benchmarks for cryptocurrencies, stocks, bonds, commodities and currencies. CF Benchmarks' indices already serve traditional finance, with products representing more than $120 billion in assets using its data. Now DeFi protocols can tap that same infrastructure.
Developers can now build onchain index funds, tokenized portfolios and derivatives without rolling their own pricing systems. A blockchain-based fund holding tokenized stocks needs reliable prices to calculate portfolio value. A lending platform accepting tokenized bonds as collateral needs that data to set borrowing limits and liquidation thresholds.
All prices are digitally signed, allowing applications to verify the source and ensure no tampering. CF Benchmarks publishes each index at the same frequency for all customers—no tiered access, no privileged data flows.
The service is live on Ethereum, HyperEVM and Robinhood Chain, with more networks planned. Payward intends to use CFB Oracle for its own upcoming U.S. perpetual futures product powered by Hyperliquid, though that product still awaits regulatory approval.
CF Benchmarks now competes directly with established oracle providers Chainlink and Pyth, both of which already supply market data to decentralized trading and lending applications. CFB Oracle's narrow focus—reference prices only, no fund issuance or trade execution—positions it as pure data infrastructure for the onchain ecosystem.
