Coinbase provided documents to list Futures on Solana (Sol) and Hedra (HBAR)On the occasion of an important step in expanding the display of derivative products.
According to the documents submitted to CFTC Futures Trading Committee (CFTC)The derivative department of the stock exchange is planning to launch these contracts early February 18.
Details of the future Solana and HEDERA from Coinbase
If approved, the contracts on Solana will have size 100 SolWhich translates at the current price into about 24,000 dollars per contract.
In addition, Coinbase You will also offer Nano Solana Futures, with low size 5 Sol. related HedraEach contract will be a future size 5000 hbarProviding an alternative to developing institutional investors and retail interested in these digital assets.
These contracts will be Criticism has been settled on a monthly basisAllow investors to predict the price of Sol and HBAR without the need to keep the basic cryptocurrencies directly.
The introduction of futures contracts on Solana and Hedera is proportional to a wider direction that sees Coinbase derivatives Expand its offer to advanced financial products. The Stock Exchange aims to unify its location in the encryption derivative market, which has witnessed great growth in recent years.
Thus Coinbase joins other industry operators, such as CME collectionAnd, which recently caused an argument by publishing the XRP and Sol futures page on its “gradual sub -scope”. This episode has fueled speculation about the imminent expansion of providing products derived from encrypted currencies.
The impact of the political and organizational context
Coinbase’s decision to expand its derivatives wallet comes at a time of the strong excitement of the encryption market. The opening of the president Donald TrumpKnown for its positive sites in encrypted currencies, already pushed many players in this sector to take measures to expand their offers.
This step indicates increased acceptance of coded currencies by financial institutions and organizers, which paves the way for more integration of digital assets in traditional markets. If CFTC agrees to request Coinbase, the stock exchange may gain a great competitive advantage, and attract a new segment of investors interested in futures contracts on Solana and Hedra.
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Announcing Coinbase derivatives From the desire to launch futures contracts Solana and Hedra Another step in the ripening of the encryption market.
With the expansion of the derived products, Excination aims to provide investors with new opportunities for trading and risks.
It remains to see whether CFTC will agree to the proposal through the specified date of February 18. Meanwhile, institutional interest in coding derivatives continues to grow, and Coinbase appears to be ready to ride this new wave of adoption.
