Financial Services TITAN CME Group announced in March that it is starting a new gift contract based on the smart contract platform Solana (SOL).
In a new press release, CME Group announced that it will launch two Solana -based futures contract options on March 17.
However, the company points out that the launch of the product is still in regulatory review.
According to Giovanni Vicioso, the CRYPTO Products manager of CME’s CME, the launch of the contract occurs as the demand for customers for products regulated based on digital assets increases rapidly. As Vicioso mentioned
“With the beginning of the new SOL futures contract, we are responding to the increase in customer demand for a wide range of regulatory products to manage the risk of cryptocurrency prices.
As Solana continues to develop as a platform of choice for developers and investors, this new futures contract will provide capital efficient tools that support investment and hemp strategies. ”
Solana Contracts joins the future of BTC (Bitcoin) and Ethereum (Ethereum) from the company’s derivatives. According to the previous report, the company first started BTC Futures in 2020 and Ethereum Futures in 2022.
In the highlights of BTC and ETH futures, the average contract amount of 73% year -on -year is increased, and the average public interest in the contract has increased by 55%.
Solana trades $ 144 for writing and has increased 4.7% over the last 24 hours.
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Created image: Midjourney