#Stella #Altcoins! #ChainlinkStaking #ADABullish #LUMEN 🤔 CME to support Cardano, Chainlink, and Stellar – Potential impact on altcoins?
Cardano, Chainlink, and Stellar are set to score new institutional milestones. From the 9th of February, the Chicago Mercantile Exchange (CME) will support Futures products for these altcoins, opening a new venue for big players to gain exposure.
For ADA, the bigger size contract will contain 100K ADA coins, while the smaller one will have 10K ADA. Chainlink’s contracts will contain 5K Chainlink [LINK] and 250 LINK coins for the larger and micro offerings, respectively. Finally, Stellar’s larger contract will have 250K Stellar [XLM], and the smaller version will have 12,500 XLM. 🤩
The latest addition will expand CME’s crypto portfolio to seven assets, covering Bitcoin, Ethereum [ETH], Solana, and Ripple [XRP].
According to Giovanni Vicioso, CME Group global head of crypto products, the latest additions will offer investors more tools to gain exposure in the growing markets.
“Market participants will now have greater choice with enhanced flexibility and more capital efficiencies,” -