JUST IN! Exciting Development for Solana (SOL) from the USA!
CME GROUP, the world's largest futures and options exchange, will launch SOLANA (SOL) futures on March 17.
CME GROUP, the world's largest futures and options exchange, will launch SOLANA (SOL) futures trading on March 17, Reuters reported.
Traders will have the option to trade both a micro-sized contract (25 SOL) and a larger-sized contract (500 SOL).
Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, said:
“With the launch of our new SOL futures contracts, we are responding to growing client demand for a broader set of regulated products to manage cryptocurrency price risk.
As Solana continues to become the platform of choice for developers and investors, these new futures contracts will provide a capital-efficient tool to support investment and hedging strategies.”
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple’s XRP Ledger to Power Guggenheim Digital Debt Product
Ripple is investing $10 million into the DCP product, according to RippleX executive Markus Infanger.
Reason why Ethereum Sees 30% Surge in Staking Volume, Hinting at Stronger Upside Than Bitcoin or Solana
Circle stock surges 266% as new ETFs target $113 price
Bitcoin ETFs see $129M outflow as Ether ETFs gain $281M
Trending news
MoreCrypto prices
More
