Bitnomial launches Aptos Futures for the first time in the US

Bitnomial Launches Aptos Futures For The First Time In The Us


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Bitnomial Launches First US-Regulated Aptos Futures The launch expands Bitnomial's digital asset offerings in the US.

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Bitnomial is the first US-regulated Aptos (APT) futures exchange, offering institutional and retail traders a compliant position for APT price discovery and risk management.

Futures contracts expire monthly and are settled in USD or APT, depending on the direction of the position. Traders can post crypto or USD as margin through Bitnomial Clearinghouse. Contracts are available through clearing members of the exchange's futures commission traders.

“These are the first US APT futures, and a regulated futures market is a prerequisite for spot crypto ETF approval under the SEC's general listing requirements,” said Bitnomial Exchange President Michael Dunn. “Institutions can now gain exposure to APT through the same infrastructure they use for Bitcoin and Ether derivatives, diversifying their portfolios everywhere.”

Aptos is a sub-second execution Layer 1 blockchain using the Move programming language and parallel execution engine.

Salomon Tesfaye, chief business officer of Aptos Labs, the lead developer of the Aptos Network, said US-controlled infrastructure is critical to institutional adoption of blockchain technology.

“Bitnomial's CFTC-regulated exchange and clearinghouse provides the institutional framework that sophisticated market participants need to gain exposure to Aptos while meeting their compliance and risk management requirements,” Tesfaye said.

APT futures are currently live for institutional clients, with retail access coming soon through Bitnomial's Botanical platform, and plans to launch perpetual futures and options in the future.

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