As the crypto market continues to mature, more and more investing opportunities are coming online. The latest entrant from the Chicago Mercantile Exchange is yet another options platform, and its launch this week did not disappoint. See how its successful debut has buoyed much of the market.
For years, many crypto enthusiasts have argued that the Congress’ lack of familiarity and knowledge within the crypto sector has stagnated its mainstream adoption. But with a fresh face with intimate knowledge of the industry joining the Senate, everything may be about to change. Here’s how the former Bakkt CEO could help to increase acceptance.
Kelly Loeffler and Jeff Sprecher, founders of the crypto futures platform Bakkt, have confirmed that they’re already looking to expand less than two weeks after the launch of their futures exchange. Although the lauded exchange has been a news item for more than a year, it wasn’t until late last month that the platform finally…
The market has had to wait 8 months longer than originally anticipated, but beginning in September, Bakkt will be launching with physically-backed Bitcoin futures. While there are already other cryptocurrency futures and derivatives on the market, what makes this so significant for the market is the nature in which contracts will be settled. Learn more here.