A cryptocurrency exchange has just been approved by the CFTC to provide futures and options.
Specifically, the cryptocurrency exchange Bitnomial has just received transactions from the CFTC itself, so it is now possible to provide bitcoin futures and options for investors in need.
Founded in 2015, Bitnomial secured $ 7.5 million in capital raising in December last year.
Bitnomial announced on Monday 20/4 that it has received this approval from the Commodity Futures Trading Commission of the United States (CFTC).
As such, Bitnomial will be one of the next rare exchanges to offer bitcoin futures and options, previously CME, Cboe, Bakkt, ErisX and LedgerX.
In the announcement, the floor also emphasized that all contracts will be listed and traded real.
"We are building a combination of Bitcoin products, and a set of related financial products, quarterly bitcoin futures and other options," said Luke Hoersten, CEO of Bitnomial.
"In addition, our products initially traded with a margin ratio of 37% and were paid in series," Hoersten added.