Coinbase (COIN) Recordsdata Paperwork To Record Solana (SOL), Hedera (HBAR) Futures

Coinbase Derivatives, a subsidiary of the crypto trade, has filed paperwork with the Commodity Futures Buying and selling Fee (CFTC) to listing Solana (SOL) and Hedera (HBAR) futures.

The trade plans to launch the product on Feb 18., with new contracts being cash-settled on a month-to-month foundation, in keeping with the submitting.

The contract dimension for the Solana futures can be 100 SOL, presently value roughly $24,000, if authorized. It could additionally provide “nano” Solana contracts with 5 SOL. Hedera futures can be sized at 5,000 tokens.

The transfer comes after a number of gamers in crypto have taken steps to launch new merchandise following the inauguration of crypto-friendly President Donald Trump. Simply final week, futures and choices trade CME by chance posted the futures web page for XRP and SOL of their “staging subdomain.”

CME advised CoinDesk that the leak was an error and that no choice had been made on whether or not it might launch SOL or XRP futures.