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Reserve and CF Benchmarks Partner on First Index Token, Tracking Over 90% of Crypto Market Cap

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Reserve and CF Benchmarks Partner on First Index Token, Tracking Over 90% of Crypto Market Cap
Business

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Reserve and CF Benchmarks Partner on First Index Token, Tracking Over 90% of Crypto Market Cap

2025-09-24 23:04 Last Updated At:23:25

The industry's first licensed institutional-grade index token will be available to trade on Kraken

NEW YORK, Sept. 24, 2025 /PRNewswire/ -- Reserve, the industry's leading platform for DTFs (Decentralized Token Folios), has announced the Large Cap Index DTF (LCAP), in partnership with CF Benchmarks, the UK FCA-regulated crypto index provider behind BlackRock's Bitcoin ETF. LCAP is an onchain index token providing investors with access to a diversified basket of large-cap crypto assets. Powered by Reserve, the DTF tracks the CF Large Cap Index calculated and published by CF Benchmarks. With MEV Capital as the trading partner, LCAP gains institutional-grade scale and execution.

The $LCAP offers a new way to gain broad, diversified exposure to the largest assets in crypto with a single token. Tracking a total of ten diversified-weighted cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and XRP, LCAP enables eligible users to gain onchain exposure to some of the most prominent names in crypto with ETF-like simplicity.

LCAP is the first onchain index token to trade on Kraken, one of the world's largest digital asset platforms.

"For the first time, we're seeing retail and institutional customers gain access to diversified crypto index products in a highly-liquid venue like Kraken," said Thomas Mattimore, CEO of ABC Labs, a contributor to the Reserve ecosystem. "LCAP gives users access to approximately 90% of the total cryptocurrency market cap in a decentralized, diversified index-based investment product that looks and feels like an ETF, but with the speed and availability of crypto".

Unlike synthetic index tokens, LCAP is backed 1:1 by assets held in smart contracts, benchmarked and weighted according to the CF Benchmarks Large Cap Index (Diversified Weight), and rebalanced on a quarterly basis.  A DTF is always redeemable for the assets in the basket, ensuring its value remains aligned with the underlying tokens.

"The launch of LCAP is a major milestone in crypto financial innovation," said Sui Chung, CEO of CF Benchmarks. "By tracking our Large-Cap Index, LCAP will seamlessly deliver diversified exposure to the largest digital assets through one tokenized vehicle. The convergence of tokenization and robust benchmarking stands to open up new paths for investors to gain straightforward market access at scale."

Reserve has already seen over $500M in TVL across its suite of Index and Yield DTFs, which allow users to earn diversified onchain yield on ETH and USDC. LCAP can be minted and redeemed at any time.

For more information about LCAP, please visit: https://reserve.org/lcap-kraken/

About ABC Labs:
ABC Labs is the team behind Reserve Yield and Index Protocols. Their mission is to fight inflation and expand access to better financial products.

About Reserve: 
Reserve is a free, permissionless platform to create, own, and govern DTFs (Decentralized Token Folios) — index products and asset-backed currencies launched on its protocols. Reserve's mission is to create a more accessible financial system through decentralized index technology, allowing anyone to build and manage token baskets that work like traditional ETFs but with the benefits of blockchain.

For more information, visit reserve.org 

About CF Benchmarks:
CF Benchmarks is the leading regulated cryptocurrency index provider. Authorized and regulated by the UK Financial Conduct Authority (UK FCA) under the UK Benchmarks Regulation (UK BMR). CF Benchmarks (FRN 847100) is on the FCA Benchmarks Register. Benchmark indices are provided through fully replicable public methodologies and transparent governance, for tracking, valuing and settling risk in cryptocurrency products and services.

CF Benchmarks' indices are integrated into some of the largest regulated crypto products by assets. This includes six out of the 11 spot bitcoin ETFs in the US (IBIT, ARKB, EZBC, BITB, BRRR & BTCW) and 99% of the regulated crypto derivatives market, including crypto derivatives offered by CME Group. In total, over $125bn of assets are referenced to CF Benchmarks indices.

For a full list of products that are referenced against CF Benchmarks indices, please visit our website.

About Kraken:
Founded in 2011, Kraken is one of the world's longest-standing and most secure crypto platforms globally. Kraken clients trade more than 450 digital assets, traditional assets such as U.S. futures and U.S.-listed stocks and ETFs, and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Trusted by more than 15 million institutions, professional traders and consumers, Kraken is one of the fastest, most liquid and performant trading platforms available.

Kraken's suite of products and services includes the Kraken App, Kraken Pro, the Krak App, Kraken Institutional, Kraken Onchain and the Ninja Trader retail trading platform. Across these offerings, clients can buy, sell, stake, earn rewards, send and receive assets, custody holdings, and access advanced trading, derivatives, and portfolio management tools.

 

The industry's first licensed institutional-grade index token will be available to trade on Kraken

NEW YORK, Sept. 24, 2025 /PRNewswire/ -- Reserve, the industry's leading platform for DTFs (Decentralized Token Folios), has announced the Large Cap Index DTF (LCAP), in partnership with CF Benchmarks, the UK FCA-regulated crypto index provider behind BlackRock's Bitcoin ETF. LCAP is an onchain index token providing investors with access to a diversified basket of large-cap crypto assets. Powered by Reserve, the DTF tracks the CF Large Cap Index calculated and published by CF Benchmarks. With MEV Capital as the trading partner, LCAP gains institutional-grade scale and execution.

The $LCAP offers a new way to gain broad, diversified exposure to the largest assets in crypto with a single token. Tracking a total of ten diversified-weighted cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and XRP, LCAP enables eligible users to gain onchain exposure to some of the most prominent names in crypto with ETF-like simplicity.

LCAP is the first onchain index token to trade on Kraken, one of the world's largest digital asset platforms.

"For the first time, we're seeing retail and institutional customers gain access to diversified crypto index products in a highly-liquid venue like Kraken," said Thomas Mattimore, CEO of ABC Labs, a contributor to the Reserve ecosystem. "LCAP gives users access to approximately 90% of the total cryptocurrency market cap in a decentralized, diversified index-based investment product that looks and feels like an ETF, but with the speed and availability of crypto".

Unlike synthetic index tokens, LCAP is backed 1:1 by assets held in smart contracts, benchmarked and weighted according to the CF Benchmarks Large Cap Index (Diversified Weight), and rebalanced on a quarterly basis.  A DTF is always redeemable for the assets in the basket, ensuring its value remains aligned with the underlying tokens.

"The launch of LCAP is a major milestone in crypto financial innovation," said Sui Chung, CEO of CF Benchmarks. "By tracking our Large-Cap Index, LCAP will seamlessly deliver diversified exposure to the largest digital assets through one tokenized vehicle. The convergence of tokenization and robust benchmarking stands to open up new paths for investors to gain straightforward market access at scale."

Reserve has already seen over $500M in TVL across its suite of Index and Yield DTFs, which allow users to earn diversified onchain yield on ETH and USDC. LCAP can be minted and redeemed at any time.

For more information about LCAP, please visit: https://reserve.org/lcap-kraken/

About ABC Labs:
ABC Labs is the team behind Reserve Yield and Index Protocols. Their mission is to fight inflation and expand access to better financial products.

About Reserve: 
Reserve is a free, permissionless platform to create, own, and govern DTFs (Decentralized Token Folios) — index products and asset-backed currencies launched on its protocols. Reserve's mission is to create a more accessible financial system through decentralized index technology, allowing anyone to build and manage token baskets that work like traditional ETFs but with the benefits of blockchain.

For more information, visit reserve.org 

About CF Benchmarks:
CF Benchmarks is the leading regulated cryptocurrency index provider. Authorized and regulated by the UK Financial Conduct Authority (UK FCA) under the UK Benchmarks Regulation (UK BMR). CF Benchmarks (FRN 847100) is on the FCA Benchmarks Register. Benchmark indices are provided through fully replicable public methodologies and transparent governance, for tracking, valuing and settling risk in cryptocurrency products and services.

CF Benchmarks' indices are integrated into some of the largest regulated crypto products by assets. This includes six out of the 11 spot bitcoin ETFs in the US (IBIT, ARKB, EZBC, BITB, BRRR & BTCW) and 99% of the regulated crypto derivatives market, including crypto derivatives offered by CME Group. In total, over $125bn of assets are referenced to CF Benchmarks indices.

For a full list of products that are referenced against CF Benchmarks indices, please visit our website.

About Kraken:
Founded in 2011, Kraken is one of the world's longest-standing and most secure crypto platforms globally. Kraken clients trade more than 450 digital assets, traditional assets such as U.S. futures and U.S.-listed stocks and ETFs, and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Trusted by more than 15 million institutions, professional traders and consumers, Kraken is one of the fastest, most liquid and performant trading platforms available.

Kraken's suite of products and services includes the Kraken App, Kraken Pro, the Krak App, Kraken Institutional, Kraken Onchain and the Ninja Trader retail trading platform. Across these offerings, clients can buy, sell, stake, earn rewards, send and receive assets, custody holdings, and access advanced trading, derivatives, and portfolio management tools.

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Reserve and CF Benchmarks Partner on First Index Token, Tracking Over 90% of Crypto Market Cap

Reserve and CF Benchmarks Partner on First Index Token, Tracking Over 90% of Crypto Market Cap

The First Time a Game in the Legendary Franchise Comes to Consoles

BELLEVUE, Wash., June 6, 2026 /PRNewswire/ -- Critically-acclaimed game development studio ArenaNet® tonight announced Guild Wars 3™, the third entry in the legendary and beloved Guild Wars® MMORPG franchise and their first new game since 2012. The game will release globally on PC, Steam, and PlayStation 5, marking the first time a Guild Wars game will appear on home consoles. The first beta test is scheduled for fall of 2027.

The official debut trailer features the first in-engine gameplay footage and can be viewed HERE. The first concept art and other assets are hosted at the Guild Wars 3 official press kit.

"Guild Wars 3 is a new era not just for ArenaNet and Guild Wars, but also for MMORPGs as a whole," said Colin Johanson, Guild Wars 3 Game Director and ArenaNet Studio Head. "The MMORPG genre has millions of players worldwide eager for new, modern experiences, and the opportunity to harness that excitement is immense. Our approach with Guild Wars 3 is to push MMORPGs forward, to create an online game world that feels believable, rewarding, responsive, and innovative while at the same time respecting players' time and providing a positive, supportive space to build community and enjoy new stories in our universe."

Taking place over a thousand years before the events of the original game, Guild Wars 3 is set in the Tyrian region of Orr, a vast wilderness frontier imbued with the world's magic. Nature entities with strong connections to the land called Vael spirits embody the vitality of this lush, verdant landscape. Various guilds are engaged in conflict over how to protect or exploit the bounty beyond civilization's borders. These multitudinous spirits will vary in size and influence within the ecosystems around them, with the most notable of these being the Seeker. As seen in the trailer, every player's Seeker will serve as a connection to the spirits of Orr and a mount that will carry them on their journeys through the game's open world.

Players will assume the role of a Vaelwarden, a member of a guild of adventurers committed to preserving and protecting both the spirits of the wild and the land of Orr itself. Through the deep character customization and skill-building gameplay the Guild Wars franchise is known for, players will seek adventure and confront danger across this sumptuous, vibrant online world, growing their relationships with the spirits of the wild, the inhabitants of Orr, and other Vaelwarden players.

A combat system designed from the outset to feel great on both a controller and keyboard rewards positioning by emphasizing the joy of movement and momentum. As players seamlessly transition between various movement modes, they can harness their speed and turn it into bigger damage and impact when fighting their foes.  

More information about pricing, beta tests, release date, and gameplay features will be revealed later in 2026 and into 2027. Guild Wars 3 will be available directly from the developers at GuildWars3.com, and can be wishlisted on Steam and the PlayStation Store beginning today, with more information available at the game's official website.

About the Guild Wars Franchise
Guild Wars is the award-winning, visually stunning MMORPG franchise that originally launched in 2005 on PC. Boasting a timeless art-brought-to-life aesthetic, the epic grandeur of massive role-playing environments, fast-paced action combat, large-scale dynamic events that players tackle together in the open world, team-based competitive player-versus-player battles, and a sprawling fantasy storyline, the series is often proclaimed as having the friendliest player community in gaming. Guild Wars was relaunched as Guild Wars Reforged in 2025 and expanded to mobile devices in 2026. Guild Wars 2® launched in 2012 on PC and quickly earned accolades across the industry, including Time Magazine's 2012 Game of the Year. Unlike most competitors, the franchise has always been playable with no subscription fee required, welcoming over 29 million players across its history.

About ArenaNet
ArenaNet is the developer of the best-selling Guild Wars Reforged and the groundbreaking Guild Wars 2 massively multiplayer online PC role-playing games. The studio's mission is to create innovative online worlds, cultivate a vibrant and engaged global community of players, and to incorporate handcrafted artistry into every aspect of their games. ArenaNet formed in 2000, with press and fans consistently calling Guild Wars and Guild Wars 2 two of the best MMOs and RPGs of all time. Based in Bellevue, WA, ArenaNet is a wholly-owned subsidiary of Korean gaming giant NC.

The First Time a Game in the Legendary Franchise Comes to Consoles

BELLEVUE, Wash., June 6, 2026 /PRNewswire/ -- Critically-acclaimed game development studio ArenaNet® tonight announced Guild Wars 3™, the third entry in the legendary and beloved Guild Wars® MMORPG franchise and their first new game since 2012. The game will release globally on PC, Steam, and PlayStation 5, marking the first time a Guild Wars game will appear on home consoles. The first beta test is scheduled for fall of 2027.

The official debut trailer features the first in-engine gameplay footage and can be viewed HERE. The first concept art and other assets are hosted at the Guild Wars 3 official press kit.

"Guild Wars 3 is a new era not just for ArenaNet and Guild Wars, but also for MMORPGs as a whole," said Colin Johanson, Guild Wars 3 Game Director and ArenaNet Studio Head. "The MMORPG genre has millions of players worldwide eager for new, modern experiences, and the opportunity to harness that excitement is immense. Our approach with Guild Wars 3 is to push MMORPGs forward, to create an online game world that feels believable, rewarding, responsive, and innovative while at the same time respecting players' time and providing a positive, supportive space to build community and enjoy new stories in our universe."

Taking place over a thousand years before the events of the original game, Guild Wars 3 is set in the Tyrian region of Orr, a vast wilderness frontier imbued with the world's magic. Nature entities with strong connections to the land called Vael spirits embody the vitality of this lush, verdant landscape. Various guilds are engaged in conflict over how to protect or exploit the bounty beyond civilization's borders. These multitudinous spirits will vary in size and influence within the ecosystems around them, with the most notable of these being the Seeker. As seen in the trailer, every player's Seeker will serve as a connection to the spirits of Orr and a mount that will carry them on their journeys through the game's open world.

Players will assume the role of a Vaelwarden, a member of a guild of adventurers committed to preserving and protecting both the spirits of the wild and the land of Orr itself. Through the deep character customization and skill-building gameplay the Guild Wars franchise is known for, players will seek adventure and confront danger across this sumptuous, vibrant online world, growing their relationships with the spirits of the wild, the inhabitants of Orr, and other Vaelwarden players.

A combat system designed from the outset to feel great on both a controller and keyboard rewards positioning by emphasizing the joy of movement and momentum. As players seamlessly transition between various movement modes, they can harness their speed and turn it into bigger damage and impact when fighting their foes.  

More information about pricing, beta tests, release date, and gameplay features will be revealed later in 2026 and into 2027. Guild Wars 3 will be available directly from the developers at GuildWars3.com, and can be wishlisted on Steam and the PlayStation Store beginning today, with more information available at the game's official website.

About the Guild Wars Franchise
Guild Wars is the award-winning, visually stunning MMORPG franchise that originally launched in 2005 on PC. Boasting a timeless art-brought-to-life aesthetic, the epic grandeur of massive role-playing environments, fast-paced action combat, large-scale dynamic events that players tackle together in the open world, team-based competitive player-versus-player battles, and a sprawling fantasy storyline, the series is often proclaimed as having the friendliest player community in gaming. Guild Wars was relaunched as Guild Wars Reforged in 2025 and expanded to mobile devices in 2026. Guild Wars 2® launched in 2012 on PC and quickly earned accolades across the industry, including Time Magazine's 2012 Game of the Year. Unlike most competitors, the franchise has always been playable with no subscription fee required, welcoming over 29 million players across its history.

About ArenaNet
ArenaNet is the developer of the best-selling Guild Wars Reforged and the groundbreaking Guild Wars 2 massively multiplayer online PC role-playing games. The studio's mission is to create innovative online worlds, cultivate a vibrant and engaged global community of players, and to incorporate handcrafted artistry into every aspect of their games. ArenaNet formed in 2000, with press and fans consistently calling Guild Wars and Guild Wars 2 two of the best MMOs and RPGs of all time. Based in Bellevue, WA, ArenaNet is a wholly-owned subsidiary of Korean gaming giant NC.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Guild Wars 3, Modern Evolution of the MMORPG, Announced at Summer Game Fest for PC and PlayStation 5

Guild Wars 3, Modern Evolution of the MMORPG, Announced at Summer Game Fest for PC and PlayStation 5

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