CME Group is considering altcoin futures on Solana and Cardano

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CME Group is considering altcoin futures on Solana and Cardano
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CME’s crypto products director said that with the right price index and regulatory climate, altcoin futures contracts are a possibility.

After launching futures contracts tied to bitcoin and ether in recent years, CME Group is looking at whether it can introduce futures based on cryptocurrencies with smaller market caps, including Solana's SOL and Cardano's ADA.

“In terms of the other coins outside bitcoin and ether, we need firstly an index or we need the ability to create an index,” she added.

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