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[CME Group Expands Crypto Product Suite]
CME Group, the world’s largest derivatives marketplace, plans to list futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM). Trading is scheduled to begin on February 9, pending regulatory approval. This move brings regulated crypto derivatives to major altcoins, expanding institutional access. Still, the announcement did not have a major impact on the prices of ADA, LINK, or XLM.
CME Group announced the development in an official post. These new products will be available in both standard and micro contract sizes, targeting institutional clients and retail traders alike.
Standard contracts contain 100,000 ADA, 5,000 LINK, or 250,000 XLM. Meanwhile, micro contracts have...