TRX Futures Listing Launches on Bitnomial, Broadening Regulated U.S. Derivatives Access to TRON
TRON DAO has announced the listing of TRX futures on the U.S.-regulated Bitnomial exchange and clearinghouse. This launch provides eligible U.S. traders and institutions with a regulated derivatives product for managing exposure to the TRON network's native token. TRX is used for transaction fees, smart contracts, and governance on the TRON blockchain, a leading platform for stablecoin settlement with over $90 billion in circulating USDT and $26 billion in Total Value Locked.
Justin Sun, Founder of TRON, stated this listing expands access to the ecosystem through a regulated venue. Michael Dunn, President of Bitnomial Exchange, noted that a regulated futures market for a major asset like TRX is a key milestone, potentially supporting future spot ETF applications under SEC standards.
The futures listing follows Bitnomial's earlier introduction of TRX spot trading and aligns with growing institutional interest in TRON, including custody services from Anchorage Digital. Bitnomial is a CFTC-regulated firm offering leveraged spot, futures, options, and other products.
This development offers market participants new tools for trading and portfolio management, further connecting the TRON ecosystem with traditional financial markets.
TheNewsCryptoВчора 13:26