Coinbase Derivativees applied to list new term transaction contracts for solana and Hedera tokens. This move came in the midst of the rush of regulatory applications to list new assets such as crypto ETFs and derivatives.
Coinbase will start derivative contracts for the left and Hbar!
Kriptokoin.comAs you have followed, the adoption of crypto currencies is increasing. Coinbase Derivativees, a subsidiary of the US -based crypto exchange, applied to list new term transaction contracts for Solana (SOL) and Hedera (HBAR), according to separate regulatory applications on Thursday. The stock market aims to list these new contracts, which will be determined as cash on a monthly basis, in February or after 2025.
Coinbase was the last company to want to take advantage of the recovery in market sensitivity and the possibility of positive regulatory progress under the Donald Trump administration. For example, CME is preparing to start left and XRP futures in the coming weeks. Asset executives such as Vaneck and Proshares applied for a crypto ETF for Litecoin, XRP and Solana in the days before the opening day.
Left and Hbar Contract Details
Coinbase Derivativees started its operations in June 2021. The stock exchange operates by the Commodity Futures Trade Commission as a sız determined contract market önlem to enable users to trade crypto derivatives, such as futures transaction contracts on various digital assets, including BTC and ETH.
In case of approved, the new Solana futures transactions will have a contract size of 100 left (approximately 24,000 dollars) or the monetary value of the term transaction contract at a certain price. The trading will end at 16:00 on the last Friday of the contract month at 16:00. The stock market also applied to list a 5 left -size “Nano” Solana agreement. The HEDERA agreement will follow 5,000 Hedera token. Nodal Clear, LLC, which is a derivative swap registered to CFTC, will trade contracts. Coinbase also included the following statement in all three regulatory files.
The stock market met with FCMs and market participants supporting the decision to initiate the Nano Solana agreement. The stock market is not aware of any important opposing views on the contract.
