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Bullish Exchange Lists Memecoin Perpetual Futures as CoinDesk Indices Expands Industry Benchmarks

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 CoinDesk Indices launches CoinDesk 100 and Memecoin indices as demand surges for highly liquid, institutional-grade digital asset benchmarks

NEW YORK, Feb. 20, 2025 /PRNewswire/ — The crypto derivatives market is entering a new phase of maturity with the introduction of a memecoin perpetual futures contract, now listed on Bullish, one of the fastest-growing regulated digital asset exchanges. This listing follows today’s announcement from CoinDesk Indices, which has launched two new benchmarks:

CoinDesk Memecoin Index – a broad-based index tracking the 50 most liquid memecoins, providing traders and institutions with structured exposure to one of the fastest-growing and volatile segments of the digital asset market.CoinDesk 100 Index – a comprehensive benchmark covering the top 100 digital assets, offering deeper market exposure and a single benchmark for institutional investment products and trading strategies.

Bullish has listed perpetual futures on both indices, allowing traders to gain exposure to these benchmarks with deep liquidity and 24/7 trading.

This launch builds on the success of the CoinDesk 20 and CoinDesk 80 perpetuals, which have collectively driven over $13.5 billion in volume, with the CoinDesk 80 index perpetual future trading millions daily since January 2025.

“CoinDesk Memecoin Index responds to traders’ need for liquidity and volatility while the CoinDesk 100 provides one-stop access to the most liquid tokens,” said Chris Tyrer, VP, Head of Institutional at Bullish. “We are thrilled to continue providing our clients access to the broader digital asset landscape, complementing these indices with our robust regulatory framework.”

Why It Matters: The Growing Institutionalization of Crypto Indices

CoinDesk Indices’ latest benchmarks come at a time when institutions are looking for trusted, rules-based exposure to crypto markets beyond bitcoin and ether. With over $30 billion in benchmarked assets, CoinDesk Indices has established itself as the leading provider of institutional-grade digital asset indices.

The CoinDesk Memecoin Index provides a structured, equal-weighted measure of the 50 most liquid memecoins. This segment has seen explosive growth in trading volume and derivatives interest, yet lacked a transparent benchmark for price discovery and risk management—until now.

“The digital asset market is evolving beyond single-token exposure,” said Alan Campbell, President of CoinDesk Indices. “These indices provide the liquidity and transparency needed for sophisticated trading strategies while enabling institutional market participants to engage with these assets in a structured way.”

About the Indices

The CoinDesk Memecoin Index: The Institutional-Grade Memecoin Benchmark

Tracks the 50 most liquid memecoins, providing structured exposure to a previously unstructured market.Equal-weighted and rebalanced monthly, ensuring representation of both emerging and established tokens.Pulls pricing from both centralized and decentralized exchanges for a comprehensive market view.Perpetual futures now available on Bullish, offering highly liquid derivative trading for the memecoin sector.

The CoinDesk 100 Index: The Broadest Tradable Digital Asset Benchmark

Combines the CoinDesk 20 (large-cap assets) and CoinDesk 80 (mid- & small-cap assets) into a single benchmark for institutional investors, hedge funds, and trading desks.Market cap-weighted with liquidity screening, designed to be a tradeable and representative benchmark.Provides a single reference point for structured products, ETFs, and risk management strategies.

Bullish Expands Crypto Derivatives Offerings

Bullish Exchange, which has surpassed $1.1 trillion in cumulative trading volume since its launch, continues to expand its derivatives suite. In the second half of 2024, Bullish averaged over $2 billion in daily trading volume, reinforcing its position as a major player in institutional crypto trading.

“We understand that some Memecoins can be an emerging asset class with some real liquidity and institutional interest,” said Edmond Goh, Head of Trading at B2C2. “Despite their speculative nature, we expect indices and perpetual futures to quickly become core trading instruments in the digital assets space. A CoinDesk index that tracks these tokens is an important milestone in building the overall market structure, giving products like derivatives a benchmark to be settled and priced against.”

Looking Ahead: The Rise of Index-Based Crypto Trading

With the launch of the CoinDesk 100 and Memecoin indices, alongside their corresponding perpetual futures, the market is entering a new phase of structured crypto trading. Whether through futures, structured products, or other investment vehicles, these indices lay the groundwork for a more mature and tradable crypto ecosystem.

For more information on CoinDesk Memecoin Index and CoinDesk 100 Index offered by CoinDesk Indices, please visit coindesk.com/indices.

For more information on CoinDesk Memecoin and CoinDesk 100 perpetual futures offered by Bullish, please get in touch with a Bullish Relationship Manager.

About CoinDesk Indices 

Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A portfolio company of the Bullish Group, our indices form the foundation of the world’s largest digital asset products. Through the recent addition of CC Data Limited, an FCA regulated benchmark administrator, CoinDesk Indices now offers BMR-compliant products across multi-asset indices, reference rates, and strategies. Flagships such as the CoinDesk Bitcoin Price Index and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner. 

About Bullish 

With a focus on developing products and services for the digital assets sector, Bullish has rewired the traditional exchange to benefit asset holders, enable traders and increase market transparency. Supported by the Group’s well-capitalized treasury, Bullish’s digital asset trading services utilize central limit order matching and proprietary market making technology to deliver deep liquidity and tight spreads within a compliant framework. 

Launched in November 2021, the exchange is available in 50+ select jurisdictions in Asia Pacific, Europe, Africa, and Latin America. Bullish prioritizes compliance and safeguarding customer assets through robust security measures and regulatory oversight. The business is licensed by the German Federal Financial Supervisory Authority (BaFin) and the Gibraltar Financial Services Commission. For more information on Bullish, please visit bullish.com and follow LinkedIn and X.

Disclaimer  

CoinDesk is a portfolio company of the Bullish Group. CoinDesk Indices, Inc., including CC Data Limited, its affiliate which performs certain outsourced administration and calculation services on its behalf (collectively, “CoinDesk Indices”), does not sponsor, endorse, sell, promote, or manage any investment offered by any third party that seeks to provide an investment return based on the performance of any index. CoinDesk Indices is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any CoinDesk Indices index. CoinDesk Indices does not act as a fiduciary. A decision to invest in any asset linked to a CoinDesk Indices index should not be made in reliance on any of the statements set forth in this document or elsewhere by CoinDesk Indices. All content displayed here or otherwise used in connection with any CoinDesk Indices index (the “Content”) is owned by CoinDesk Indices and/or its third-party data providers and licensors, unless stated otherwise by CoinDesk Indices. CoinDesk Indices does not guarantee the accuracy, completeness, timeliness, adequacy, validity, or availability of any of the Content. CoinDesk Indices is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of the Content. CoinDesk Indices does not assume any obligation to update the Content following publication in any form or format. © 2025 CoinDesk Indices, Inc. All rights reserved. 

Bullish Exchange is operated by Bullish (GI) Ltd which is licensed by the Gibraltar Financial Services Commission (DLT license: FSC1038FSA).  High risk product.  Only available to eligible professional investors in select locations.  Not available to persons located in the United Kingdom unless they are investment professionals or high net worth entities, as defined in Article 19 and 49 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (as amended).  Important info and risk warnings here: bullish.com/legal. 

Forward-Looking Statements 

This press release may include “forward-looking statements” relating to future events or the Bullish Group’s future financial or operating performance, business strategy, and potential market opportunity. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Bullish Group, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and the Bullish Group undertakes no duty to update these forward-looking statements. 

 

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SOURCE CoinDesk Indices

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MITTI LABS & SALESFORCE PARTNER TO SCALE WATER-SAVING RICE FARMING PRACTICES THAT REDUCE METHANE EMISSIONS

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53 minutes ago

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October 29, 2026

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Salesforce will purchase 500,000 high-integrity, data-backed methane reduction credits from Mitti Labs by 2030, bringing water resilience to India’s smallholder farmers. 

SAN FRANCISCO and BENGALURU, India, Oct. 29, 2026 /PRNewswire/ — Deep-tech company Mitti Labs today announced a five-year carbon credit offtake agreement with Salesforce to scale Climate-smart rice farming across tens of thousands of smallholder farms in India. Coming just weeks after Mitti Labs’ offtake agreement with Google, this new partnership shows the growing corporate demand for satellite-verified rice methane credits as a scalable offset solution with near-term impact. 

Climate-smart rice farming replaces traditional continuous irrigation with alternate irrigation, where farmers let their fields dry out during safe windows in the growing cycle. This low-cost practice shift helps the world grow more rice with less water, while abating methane emissions derived from microbe growth in oxygen-free soils. Alternate irrigation can cut methane emissions by up to 50% and water usage by up to 40%, without affecting yields. 

Agriculture is responsible for 40% of all human-induced methane emissions, which are a powerful driver of climate change. Methane traps 85 times more heat than CO₂ but only stays in the atmosphere for a decade, meaning that every ton that is not emitted today delivers a fast, tangible reduction in near-term warming. 

Commitments from companies like Salesforce are helping Mitti Labs scale these practices. Mitti Labs plans to scale its operations to meet this demand: by 2028, it plans to issue 2 million credits per year from its projects located in India and Southeast Asia. 

“Salesforce is a founding member of the Beyond Alliance’s Superpollutant Action Initiative. We know that superpollutant reduction is one of the best ways to slow near-term warming, and we are committed to directing capital toward high-impact mitigation efforts. Reducing methane emissions from rice farming is a scalable climate solution that also helps preserve water resources for future generations,” said Jamila Yamani, PhD., Director of Climate & Energy at Salesforce.

Every credit delivered under the agreement will be backed by field-level evidence and satellite-verified field dry-downs. Mitti Labs’ GeoAI platform, developed with support from NASA, fuses high-resolution satellite radar with field-collected ground truth to track flooding, soil moisture and crop health across individual smallholder plots. This provides credit buyers with transparent, independently verifiable proof of impact at a scale that manual monitoring is not able to match.

Beyond reducing methane emissions, the partnership is projected to save 700 billion liters of water, or roughly eighteen months of Bengaluru’s annual supply, easing pressure on groundwater retrievals in regions where rice farming competes with urban and industrial water usages. 

“Carbon credit buyers are increasingly asking not just what impact a project delivers, but how they can see it for themselves. Having Salesforce join Google in backing rice methane reductions shows that high-integrity, data-verified agricultural credits are becoming a core part of serious climate offsetting strategies. This agreement lets us reach tens of thousands more farmers with practices that cut emissions, save water and strengthen livelihoods,” said Xavier Laguarta, co-founder at Mitti Labs.

With Salesforce’s support, Mitti Labs will deepen its engagement with rice farming communities and expand the ‘digital twins’ GeoAI datasets that support the roll-out of its programs. As demand for the world’s staple crop continues to grow and rainfall patterns become less predictable, the next five years in the partnership offer a chance to strengthen food security and realize the full potential of rice farming as a climate solution. 

About Mitti Labs

Mitti Labs combines satellite technology, AI and field operations to create a water and climate resilient future for rice farming. To date, its programs have saved 500 billion liters of water — the equivalent of Bengaluru’s annual supply. In July 2026, Mitti Labs received an ‘A’ rating from leading ratings agency Sylvera in recognition of its rigorous implementation and measurement protocols. 

Mitti Labs customers include global technology, service, food and agriculture businesses such as Google, Cool Effect, Ebro Foods, and Syngenta. Since launching in 2023, Mitti Labs has grown to 150 employees and secured $12.5 million from investors such as Lightspeed India, Aramco Ventures, Voyager Ventures, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle. Visit mittilabs.earth to learn more.

 

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Xobin Introduces AI Interview Auditor to Make AI-Led Hiring More Trustworthy

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53 minutes ago

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October 29, 2026

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A new AI agent designed to review AI-conducted interviews, identify evaluation inconsistencies, and help organizations make more reliable hiring decisions.

CHENNAI, India, Oct. 29, 2026 /PRNewswire/ — Xobin, a talent intelligence platform, today announced Xobin AI Interview Auditor, a new AI-powered solution designed to independently review interviews conducted by AI.

As more organizations adopt AI interviews to screen and evaluate candidates, a new challenge is emerging: How can companies be confident that the AI interviewer is making reliable assessments?

Xobin aims to address this challenge with an AI agent that reviews the interview itself.

Who Is Checking the AI Interviewer?

AI interviews are helping companies evaluate candidates at scale. But organizations also need a way to check whether those interviews were conducted and evaluated appropriately.

Xobin AI Interview Auditor is designed to examine AI interview conversations and help organizations answer important questions:

Did the AI ask relevant questions for the role?Did it properly evaluate the candidate’s answers?Did it overlook important information?Was the evaluation consistent with the interview conversation?Are the final scores and recommendations supported by evidence?

The goal is simple: AI interviews should be auditable, not just automated.

An Independent Review of AI Interviews

Xobin AI Interview Auditor introduces an additional layer of review to the AI hiring process.

Instead of relying entirely on the conclusions generated by an AI interviewer, organizations can use the auditor to identify potential inconsistencies and areas requiring human attention.

Each AI interview report now carries a quality badge, a short scorecard and plain-language flags. These show hiring teams at a glance whether the interview met Xobin’s quality standards and which sessions need a closer look, such as “this interview had long delays” or “the candidate tried to steer the AI off topic.”

Xobin’s in-house team also reviews all flagged audit reports to keep improving how the auditor and AI interviewer perform.

This approach is intended to improve transparency and give hiring teams greater confidence in AI-assisted hiring decisions.

Building on Xobin’s Existing AI Interview Capabilities

Xobin already offers Guided AI Interviews, enabling organizations to evaluate candidates through structured, interactive AI-led conversations.

These interviews also support the evaluation of emerging AI-era skills, including AI fluency, prompt engineering, and vibe coding.

Through Xobin’s existing real-time prompt editor, candidates can demonstrate how they interact with AI, construct and refine prompts, and approach practical problem-solving challenges.

For software development roles, this enables employers to assess how candidates use AI-assisted coding tools, rather than relying exclusively on traditional coding questions or theoretical knowledge.

With the introduction of AI Interview Auditor, Xobin is adding an independent review capability to its existing AI interviewing technology.

While Guided AI Interviews assess candidates, AI Interview Auditor assesses the quality and reliability of the AI interviewer’s evaluation.

Building Trust in AI Hiring

“AI is increasingly being trusted to interview candidates and recommend who should move forward. But who is checking whether the AI got it right?” said Guruprakash Sivabalan, Founder and CEO of Xobin.

“We believe the future of AI hiring requires more than automation. It requires accountability. Every AI interview should be explainable, reviewable, and supported by evidence.”

About Xobin

Xobin is a talent intelligence platform used by 5000+ organizations in 55+ countries, helping organizations make evidence-based decisions across hiring, talent development, and workforce management. Its solutions include AI interviews, skill assessments, psychometric assessments, and talent intelligence.

Website: https://xobin.com

Media contact
Guruprakash Sivabalan
Founder and CEO, Xobin
Email: guru@xobin.com 
Website: www.xobin.com

 

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Inntot Recognized as an official STMicroelectronics Authorized Partner for Software-Defined Radio Digital Radio Receiver Solutions

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53 minutes ago

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October 29, 2026

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Collaboration brings together STMicroelectronics’ automotive tuner technology and Inntot’s Software-Defined Radio IP to support cost-effective, multi-standard digital radio solutions

KOCHI, India, Oct. 29, 2026 /PRNewswire/ — Inntot Technologies, a leading provider of Software-Defined Radio (SDR) and in-cabin audio technologies, today announced that it has been recognized as an official STMicroelectronics Authorized Partner. The collaboration combines STMicroelectronics’ high-performance automotive radio tuners with Inntot’s highly competitive and optimized SDR software IPs, offering global Automotive Tier-1 suppliers and automakers a complete, cost-effective digital radio receiver solution.

The combined solution enables automakers and Tier-1 suppliers to support multiple digital radio standards, including Digital Radio Mondiale (DRM), Digital Audio Broadcasting (DAB/DAB+) and China Digital Radio (CDR), within automotive infotainment systems without the need for dedicated hardware decoders.

As the global automotive industry shifts toward integrated cockpits and Software-Defined Vehicles (SDVs), Tier-1 suppliers face increasing pressure to lower Bill of Materials (BOM) costs while maintaining high audio performance.

By pairing STMicroelectronics’ RF tuner ICs (such as the STA709/STA710 series, TDA7707/TDA7708 series) with Inntot’s high performing, lightweight, low-CPU-usage SDR stacks, the solution offers several benefits:

Reduced Hardware Complexity: Eliminates dedicated baseband Integrated Circuits (ICs), minimizing board space, power consumption, and thermal dissipation.Multi-Standard Global Coverage: Supports key broadcast standards across global regions (Europe, APAC, GCC, India, and the Americas) via software configuration.Faster Time-to-Market: Pre-validated middleware, hardware abstraction layers and OS abstraction layers accelerate system integration for Automotive Grade Linux (AGL), Android Automotive OS, and RTOS environments.Seamless Switching and Rich Data Services: Fully supports advanced features including seamless blending from analog to digital and vice-versa, alerts including emergency warning, album art/slideshows, Service and Program Information (SPI) and TPEG traffic notifications.

“Automotive radio is increasingly becoming a software-defined experience, giving automakers greater flexibility to address different standards and markets through software,” said Rajith Nair, CEO of Inntot Technologies. “Our partnership with STMicroelectronics is an important step in advancing that transition and bringing scalable digital radio solutions to more vehicle platforms globally.”

The joint STMicroelectronics and Inntot SDR receiver solutions supporting DRM, DAB/DAB+, CDR standards are now available for evaluation, sampling, and integration into automotive Tier-1 infotainment programs.

About Inntot

Inntot is a leading Software-Defined Radio (SDR) and In-Cabin Audio Technology company. Inntot’s SDR IP portfolio supports Digital Audio Broadcasting (DAB/DAB+), Digital Radio Mondiale (DRM), China Digital Radio (CDR), HD Radio, DTS AutoStage, and RadioDNS. With SDR deployments in more than 2.6 million cars and deployment underway in 4.4 million cars, the company holds 13 granted patents in the digital radio domain. Inntot is a member of WorldDAB and its technical committee and DRM Consortium and its technical committee. Inntot is also the winner of Digital Radio Mondiale Enterprise Award 2020.

Inntot Contacts

Media: info@inntot.com

Website: www.inntot.com

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