Key Takeaways
- CME Group will launch futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM).
- The move is part of CME’s continued expansion into crypto derivatives.
Top global derivatives exchange CME Group plans to roll out futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on February 9, according to a Thursday press release.
Subject to regulatory approval, the expansion includes both micro and standard-sized contracts.
The Chicago-based derivatives exchange operator has steadily grown its digital asset product lineup in recent years. CME first introduced Bitcoin futures in December 2017, followed by Ether futures in February 2021.
CME’s crypto product suite also features XRP and Solana. Late last year, it added options for both XRP and Solana, allowing for more complex hedging strategies.
The move caters to the growing demand for regulated crypto futures from retail and institutional investors and reflects the growing mainstream acceptance and integration of digital assets into trading portfolios.
Source: https://cryptobriefing.com/cme-group-launches-ada-link-xlm-futures/
