The Coinbase Futures Trading Commission (CFTC) has filed with the US Commodity Futures Trading Commission (CFTC) to approve futures contracts for Commodity Natural Gas (NGS) and Cardano (ADA) indicating the expansion of both energy and cryptocurrency derivative markets.
According to the company’s announcement, the new Futures product is expected to be released on March 31st. However, details regarding its availability will be announced at a later date.
The company said in a statement:
“We look forward to announce that Coinbase Futures has submitted to CFTC to self-certified natural gas (NGS) futures and Cardano (ADA) futures to expand its offering in both the energy and crypto derivatives markets. We expect to launch these products on Monday, March 31st,” Coinbase said.
Another notable development is that the company recently took action to tokenize its own stock. If this step is implemented, it will be the first.
*This is not investment advice.
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