🔻 @TRON DAO announces the listing of $TRX futures on Bitnomial, a CFTC-regulated exchange in the U.S. 🇺🇸
Traders and institutions can now manage their exposure to TRX in a regulated market, with portfolio margin and settlement via Bitnomial Clearinghouse
Michael Dunn (Bitnomial) said something key: six months of trading history on a regulated futures market fulfills a requirement to enable spot ETFs under the SEC’s generic listing standards 👀
So this futures listing is a potential prerequisite step toward a TRX spot ETF. That’s news all by itself 🤯
#TRONGlobalFriends
Traders and institutions can now manage their exposure to TRX in a regulated market, with portfolio margin and settlement via Bitnomial Clearinghouse
Michael Dunn (Bitnomial) said something key: six months of trading history on a regulated futures market fulfills a requirement to enable spot ETFs under the SEC’s generic listing standards 👀
So this futures listing is a potential prerequisite step toward a TRX spot ETF. That’s news all by itself 🤯
#TRONGlobalFriends
