CME Group said it plans to launch new futures contracts for Avalanche and Sui, as it continues to expand its range of regulated crypto products.
The company said the new contracts could go live on May 4, pending regulatory approval. Traders will be able to choose between smaller and larger contract sizes for both tokens.
The move is part of CME’s broader push into crypto derivatives, following earlier plans to add futures tied to other cryptocurrencies like Cardano, Chainlink and Stellar.
The expansion reflects growing demand from institutional investors for regulated ways to trade digital assets.
CME Group is already the world’s largest derivatives exchange and has been steadily increasing its presence in the crypto market.
The company is also preparing to introduce 24/7 trading for its crypto products, aiming to match the always-open nature of cryptocurrency markets.
Overall, the latest move highlights how traditional financial firms are moving deeper into crypto as the market continues to mature.
Featured image from: cointelegraph.com