Bitnomial launches first US-regulated Tezos futures, allowing retail exposure to XTZ
The listing follows Bitnomial’s January launch of Aptos futures, as the exchange continues expanding US-regulated derivatives beyond Bitcoin and Ether.
The Chicago-based cryptocurrency exchange Bitnomial has launched futures tied to Tezos’s 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 agreeing to buy or sell an asset at a set price on a future date, without holding the asset itself.
