CME Group is considering offering futures services based on altcoins such as Solana Cardano.
CME Group, after futures based on Bitcoin and Ethereum, is now looking at smaller market cap altcoins such as SOL and ADA. Payal Shah, director of equity and cryptocurrency products at CME, said at a panel organized by CryptoCompare that the exchange is considering launching altcoin futures.
However, Shah adds that to do this, indices and regulatory issues need to be resolved:
“In terms of Bitcoin and other coins other than Ethereum, we first need an index or the ability to create an index. ”
CME launched Bitcoin futures in 2017. Last March, it launched micro Bitcoin and Ethereum futures.
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