CME Group to Launch Avalanche and Sui Futures Contracts

CME Group has announced plans to expand its cryptocurrency derivatives suite by launching Avalanche (AVAX) and Sui (SUI) futures contracts on May 4, subject to regulatory review. The offering will include both standard and micro-sized contracts for both assets, catering to different trading scales.

This expansion follows previous announcements regarding Cardano, Chainlink, and Stellar futures, signaling a broader trend of traditional financial institutions providing regulated crypto products to meet institutional demand. Additionally, CME Group intends to transition its cryptocurrency futures and options products to 24/7 trading starting May 29, aligning with the continuous nature of the crypto market. This move comes amidst increasing industry interest in tokenized securities and 24/7 trading capabilities from both traditional exchanges like the NYSE and crypto-native platforms like Coinbase.

(Source：Cointelegraph)