CME Group said it will launch Avalanche and Sui futures contracts pending regulatory approval, as it expands its regulated crypto product offering.
CME Group is expanding its suite of cryptocurrency futures products, as more traditional finance (TradFi) entities launch regulated crypto trading products.
On Tuesday, CME Group announced plans to launch Avalanche (AVAX) and Sui (SUI) futures contracts on May 4, pending regulatory review.
Market participants will be able to trade both micro-sized and larger-sized contracts, including AVAX futures sized at 5,000 AVAX and Micro AVAX futures sized at 500 AVAX, as well as SUI futures sized at 50,000 SUI and Micro SUI futures sized at 5,000 SUI.
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