Cessation of Hedera and Aptos Settlement Prices and Spot Rates within the CF Cryptocurrency Index Family

The Administrator announces the cessation of the benchmarks named in the table below within the CF Cryptocurrency Index Family:

Rationale for Cessation

The reason for cessation of these benchmarks is commercial.

The Administrator will publish benchmarks that replace the indices for which publication will cease.

The new benchmarks will:

• Utilize input data from the same pool of Constituent Exchanges
• Utilize the same calculation methodology
• Ensure no loss of service for index users
• Be published at the same time as the respective ceased indices: either 16:00 London Time, 16:00 New York Time, or 16:00 Hong Kong Time

Implementation Timeline

To promote an orderly transition and minimize market impact, the benchmarks above will continue to be published until provision ceases at approximately 11:00 London Time on December 29th, 2025. This means the last Settlement Price value, US Settlement Price value, and AP Settlement Price value will be published on December 28th, 2025.

In accordance with the Administrator's policies and procedures, this cessation will not be subject to consultation.

Alternative Benchmarks

The alternative benchmarks will be available for licensing from the Administrator. Existing licensees of the ceased benchmarks will be automatically licensed to utilize the alternative benchmarks for all existing use cases.

This cessation process has been reviewed by The CF Oversight Function.

Questions or queries should be addressed to [email protected].

Any user wishing to file a complaint regarding this cessation process can do so confidentially by emailing [email protected].