The Chicago-based cryptocurrency exchange Bitnomial has launched futures tied to Tezos’ XTZ token, marking the first time the asset has a futures market on a US Commodity Futures Trading Commission-regulated exchange.
According to Wednesday’s announcement, the futures contracts are live and allow institutional and retail traders to gain exposure to XTZ (XTZ) price movements using either cryptocurrency or US dollars as margin.
Futures contracts let traders hedge risk or gain price exposure by…