The company, owned by Kraken parent Payward, has introduced CFB Oracle, which gives blockchain applications access to its benchmarks for cryptocurrencies, stocks, bonds, commodities and currencies. The idea is to bring the same pricing infrastructure used by major financial institutions to developers building onchain index funds, tokenized portfolios and derivatives.
CF Benchmarks' indices are used by products representing more than $120 billion in assets, according to the company. With CFB Oracle, developers can use those benchmarks without having to create their own pricing systems. The data is digitally signed so applications can verify its origin, and CF Benchmarks says it publishes each index at the same frequency for all customers.
The service launches on Ethereum, HyperEVM and Robinhood Chain, with plans to support other compatible networks.
Parent company Payward intends to use CFB Oracle to supply pricing data for a U.S. perpetual futures offering powered by Hyperliquid, though that product is still awaiting regulatory approval.
CFB Oracle puts CF Benchmarks in competition with existing oracle providers such as Chainlink and Pyth, which already supply market data to decentralized trading and lending platforms. The company said its role is limited to supplying reference prices, not issuing funds or handling trades.