Brazil's B3 exchange plans to launch Ether and Solana futures.

MarsBitNews
B3-1,19%
ETH-1,05%
SOL-1,41%

According to Mars Finance, B3, the Brazilian stock exchange, announced that it will launch Ethereum and Solana futures contracts on June 16, further expanding its crypto financial product line. The product has been approved by the Brazilian Securities and Exchange Commission (CVM) and aims to help institutional investors avoid asset custody issues and participate more conveniently in the crypto market. Unlike existing Bitcoin futures, the ETH and SOL contracts will be priced in US dollars, with each contract corresponding to 0.25 ETH and 5 SOL, respectively. At the same time, B3 announced it will reduce the face value of Bitcoin futures contracts from 0.1 BTC to 0.01 BTC to enhance liquidity and investor participation. The exchange has been preparing these products since February of this year, originally planning to launch them by the end of the year.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments