FalconX executes first ever SOL futures trade on CME

jasonbell · March 17th, 2025, 2:00 pm

On topic?

https://www.prnewswire.com/news-releases/falconx-executes-first-ever-cme-group-sol-futures-trade-with-stonex-302402534.html

Interestingly the trade was not on the chain as not to upset the price/volatility of SOL on the main crypto exchanges. Not sure if that's fair, sensible or otherwise but here to learn and listen to opinions.

And there's a wee bit on Wilmott.com: https://wilmott.com/cme-group-announce-solana-futures-product/
Ahead of the curve.

jasonbell · March 18th, 2025, 10:49 am

Still can't see any economic benefit of cryptocurrencies. But I've read that Russia uses it to avoid sanctions.

In all honesty I struggle too. But we know it's not just one country, it's probably all of them..