Bitnomial Launches Margined, Physically Settled Bitcoin Futures within the US



  • Bitnomial has launched U.S.-based, “physically” settled bitcoin futures with a 35% margin.
  • The contracts permit for environment friendly foundation buying and selling, eliminating the necessity to execute bilateral trades to unwind positions.
  • The new providing additionally allows lenders and miners to hedge at scale.

Bitcoin derivatives alternate Bitnomial has launched U.S.-based, “physically” settled bitcoin futures with a 35% margin, the corporate introduced in a launch on November 15. The contracts enhance foundation buying and selling effectivity because it eliminates the necessity to execute bilateral trades to unwind positions and allows lenders and miners to hedge at scale.

“Today’s announcement coincides with the announcement of new strategic investors including Franklin Templeton, the O’Brien Family Office, and Belvedere Strategic Capital,” per the discharge. “The new investors join current investors and participants including Jump Trading, DV Chain, Consolidated Trading, Coinbase Ventures, Digital Currency Group, Electric Capital, and Bittrex Global.”

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