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Cboe Digital Launches Margined BTC and Ether Futures

source-logo  financemagnates.com 12 January 2024 18:27, UTC

Cboe Digital has launched margined Bitcoin and Ether futures. Collaborating with industry giants like Blockfills, DV Trading LLC, Jump Trading Group, Marex, Toa Capital Partners, and Wedbush, Cboe Digital now offers spot and leveraged derivatives trading on a single platform.

Following the successful launch of financially settled margined contracts on Bitcoin and Ether, Cboe Digital sets its sights on expanding its product suite to include physically delivered products, pending regulatory approval.

Cboe Digital's Unified Platform

The platform's unified spot and derivatives trading model, designed for easy market access, positions it to introduce more groundbreaking offerings to the crypto markets.

John Palmer, the President of Cboe Digital, mentioned: "The future of crypto is at an exciting juncture, and as more investors look to participate in this asset class, we expect to see greater demand for derivatives to help manage their crypto exposures, hedge risk and enhance capital and operational efficiencies."

Expect ongoing updates as this story evolves.

financemagnates.com