In February, the trading volume in futures on the platform Crypto Facilities has increased more than 500%, almost reaching $1 billion, reported by CoinDesk, citing company representatives.
So, Crypto Facilities offers futures contracts for bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash.
The company recognizes that such a powerful growth required a deal with a bitcoin exchange Kraken, which acquired the platform in early February. The amount of this transaction, according to some, amounted to $100 million.
According to the head of Department of development indices Xiu-Cheng, the company estimated the five-day period before the promulgation of the transaction and the accounting period after the trading volume grew by 565%. The futures bitcoin remains the most popular product, followed by — Ethereum and Ripple.
Note that the liquidity of the Crypto Facilities for contracts for bitcoin has risen by 200%, and Cash for Bitcoin and Litecoin 1000%.
It is noteworthy that on the platform are trading residents of European and Asian countries, but not U.S. citizens.
Earlier, CME Group, in partnership with the Crypto Facilities has announced the launch of two new tools – reference of course Ethereum and index of ETH/USD.
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