CME Group to Launch Solana Futures Contracts
- CME Group plans to introduce Solana (SOL) futures on March 17, pending regulatory approval.
- Contracts will be available in two sizes: micro-sized (25 SOL) and larger-sized (500 SOL).
- SOL is the sixth largest cryptocurrency by market cap.
- SOL was trading at $144.71, up nearly 6% over a 24-hour period.
- CF Benchmarks will provide pricing data for these futures contracts.
The CME Group’s planned launch of Solana futures aims to meet increasing demand for regulated cryptocurrency products. If approved, it would mark the first institutional exposure to SOL, with contracts available in both micro and larger sizes.
Source (2.6)https://decrypt.co/308276/sol-price-rises-as-cme-group-debuts-futures?rand=52368
