Bitnomial Introduces First US-Listed Tezos Futures

Bitnomial, a US-based derivatives alternate working a CFTC-regulated designated contract market, introduced the launch of Tezos (XTZ) US Dollar futures on February 4th, marking the primary XTZ futures listed on a US alternate. 

The new contract is meant to offer each institutional and retail merchants with a regulated venue for Tezos value discovery and danger administration, permitting margin to be posted in both cryptocurrency or US {dollars}.

Michael Dunn, President of Bitnomial Exchange, LLC, described Tezos as resilient, institutional-grade infrastructure and highlighted that the brand new crypto-settled contracts allow real-time value discovery whereas supporting portfolio margining throughout digital asset positions. 

He famous that the regulated futures market, with six months of buying and selling historical past, satisfies key necessities beneath the SEC’s generic itemizing requirements for spot ETFs. Arthur Breitman, co-founder of Tezos, added that US-regulated futures are basic to commodity markets and that the introduction of Tezos futures displays the blockchain’s rising maturity, providing dependable value discovery and danger switch whereas encouraging institutional participation.

Tezos Offers Scalability, Low-Latency EVM, And Expanded Derivatives Access

Tezos is an open-source, self-upgrading blockchain with on-chain governance that enables protocol upgrades with out disruptive exhausting forks, sustaining utility stability whereas repeatedly enhancing efficiency. 

Its proof-of-stake protocol now features a sub-50 millisecond latency EVM layer, a local knowledge availability layer, and rollups designed to scale advanced functions. Since its launch in 2018, Tezos has processed lots of of thousands and thousands of transactions valued within the billions of {dollars}, supporting tokenized finance, gaming, and digital possession globally.

The introduction of XTZ futures expands Bitnomial’s Crypto Complex, which the corporate says affords the broadest vary of digital asset derivatives within the US by underlying property. 

Delivery-settled contracts listed on the alternate enable margining with digital property, offering elevated capital effectivity in contrast with conventional cash-only margining. 

The futures at the moment are out there for buying and selling on Botanical, Bitnomial’s retail platform, and the corporate has indicated plans to supply XTZ perpetual futures and choices sooner or later. All futures contracts are topic to the foundations and rules of Bitnomial Exchange.

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