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Bitnomial Launches Margined, Physically Settled Bitcoin Futures in the US

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  • Bitnomial has launched U.S.-based, “physically” settled bitcoin futures with a 35% margin.
  • The contracts allow for efficient basis trading, eliminating the need to execute bilateral trades to unwind positions.
  • The new offering also enables lenders and miners to hedge at scale.

Bitcoin derivatives exchange Bitnomial has launched U.S.-based, “physically” settled bitcoin futures with a 35% margin, the company announced in a release on November 15. The contracts increase basis trading efficiency as it eliminates the need to execute bilateral trades to unwind positions and enables lenders and miners to hedge at scale.

“Today’s announcement coincides with the announcement of new strategic investors including Franklin Templeton, the O’Brien Family Office, and Belvedere Strategic Capital,” per the release. “The new investors join current investors and participants including Jump Trading, DV Chain, Consolidated Trading, Coinbase Ventures, Digital Currency Group, Electric Capital, and Bittrex Global.”



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