TeraExchange Launches USD-Bitcoin Price Index

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The index leverages a proprietary algorithm which compiles and filters data on a real-time basis from a number of widely utilized global bitcoin exchanges. TeraExchange will act as the index administrator and calculation agent for the index, which will be distributed to market participants and is also available for licensing.

In addition to serving as the settlement price for TeraExchange's regulated bitcoin swap contracts, the Tera Bitcoin Price Index will also provide a benchmarking tool for U

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