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TRX Futures Listing Launches on Bitnomial, Broadening Regulated U.S. Derivatives Access to TRON

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TRON DAO announced the listing of TRX futures on Bitnomial, a CFTC-regulated U.S. exchange and clearinghouse. The new futures contract allows eligible U.S. traders and institutions to manage exposure to TRX, the native utility token of the TRON network, through a regulated derivatives market.

TRX powers activity on the TRON blockchain, including transaction fees, smart contract execution, dApps, and governance. TRON has become a leading platform for stablecoin settlement, supporting over $90 billion in circulating USDT and $26 billion in total value locked, with billions of transactions processed.

“The launch of the TRX futures contract on Bitnomial expands the ways market participants can access and manage exposure to the TRON ecosystem through a regulated U.S. venue,” said Justin Sun, Founder of TRON.

“TRX is one of the largest digital assets by market capitalization, backed by one of the most established networks in crypto, and now has a regulated US futures market to match,” said Michael Dunn, President of Bitnomial Exchange. “Institutions and traders can hedge and express views on TRX with portfolio margining across positions and settlement through Bitnomial Clearinghouse. Additionally, six months of trading history on a CFTC-regulated futures market meets a key milestone for enabling spot ETFs under the SEC’s generic listing standards.”

Bitnomial, based in Chicago, owns and operates CFTC-regulated exchange, clearinghouse, and clearing brokerage subsidiaries, offering leveraged spot, perpetuals, futures, options, and prediction markets.

The TRX futures listing follows Bitnomial’s earlier introduction of spot trading for TRX. It also builds on institutional momentum, including TRX custody and staking through Anchorage Digital.

TRON DAO is a community-governed DAO focused on decentralizing the internet via blockchain and dApps. Since its MainNet launch in May 2018, the TRON blockchain has grown to over 395 million user accounts and 14 billion transactions.

As demand for regulated digital asset products increases, TRX futures on Bitnomial offer additional tools for trading and portfolio management, further connecting the TRON ecosystem with traditional finance.

Source: https://news.bitcoin.com/trx-futures-listing-launches-on-bitnomial-broadening-regulated-u-s-derivatives-access-to-tron/