CME Group has announced the launch of Cardano (ADA) futures, set to begin trading on February 9, 2025, pending regulatory approval. This move marks a significant milestone for Cardano, as it joins the ranks of cryptocurrencies like Bitcoin and Ethereum on the world's leading derivatives marketplace. The offering will include both large-sized contracts of 100,000 ADA and micro contracts of 10,000 ADA, catering to both institutional and retail investors.
The introduction of Cardano futures on CME is seen as a major institutional endorsement, with Cardano ambassador Lucas Macchiavelli highlighting it as the strongest validation in ADA's history. CME's reputation as the largest derivatives exchange, widely used by major financial institutions, underscores the credibility this listing brings to Cardano. The move is expected to enhance price discovery and attract more capital from traditional finance into the crypto space.
CME Group to Launch Cardano Futures in February 2025
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