Bitnomial lists first US futures for Tezos, the blockchain project proposed in 2014 that raised $232 million in ICO
The Block
Bitnomial launched the first regulated U.S. futures product for the Tezos (XTZ) token, signaling market maturity.Summary
Derivatives exchange Bitnomial has introduced the first regulated futures product for Tezos's native token, XTZ, in the U.S. Tezos co-founder Arthur Breitman stated this launch reflects the growing maturity of the blockchain, enabling better price discovery and risk transfer for institutional participation. Tezos, first proposed in 2014 and mainneted in 2018, is known for its self-upgrading governance and proof-of-stake consensus. The project conducted one of the largest ICOs in 2017, raising $232 million. Bitnomial, a Chicago-based exchange, plans to follow up with XTZ perpetual futures and options, having already listed other regulated products like XRP and Aptos futures.
(Source：The Block)