U.S. derivatives exchange Bitnomial has launched the first regulated, approved futures product on Tezos’ native token XTZ.
Tezos is a blockchain project first proposed in 2014 and raised $232 million through an ICO in 2017.
Bitnomial is a regulated, approved digital asset spot and derivatives exchange founded in 2014. It has launched a range of cryptocurrency products, including XRP futures, physically delivered Solana (SOL) futures and, most recently, Aptos futures.
The Tezos futures were listed in the same vein. Institutional investors can trade immediately, and retail investors can participate through Bitnomial’s retail platform, Botanical.
Arthur Breitman (아서 브레이트만), a Tezos co-founder, said, "U.S. regulated, approved futures are central to commodity markets. The listing of Tezos (XTZ) futures reflects the project’s maturity and will encourage institutional participation in terms of price discovery and risk management."
Chi-gyu Hwang
delight@d-today.co.kr