Emmanuel Goh is co-founder & CEO of Skew. – a monetary innovation startup headquartered in London given that 2018. These opinions are his and do not always show the view of CoinDesk.
The race is on. One business day prior to the much-awaited ICE/Bakkt launch, the CME announced it would be noting bitcoin options in Q1 2020. ICE returned the favor by announcing it would likewise be launching alternatives agreements but in December this year/
Why are 2 of the largest exchanges on the planet completing so openly for an area that was considered, until just recently, as secondary by a lot of market experts?
Nearly each week, a new gamer is revealing its objective to get in the increasingly congested crypto futures market. Most just recently crypto behemoths Binance and Bitfinex introduced their own futures items, with differing degrees of success.
This optimism wasn't always there. The increase of Hong-Kong based BitMEX – home to the most liquid bitcoin contract globally – was for a very long time met hesitation by market leaders, who dismissed the product as only serving betting addicts with the usage of high leverage.