By Suzanne McGee
(Reuters) – CME Group said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review.
The exchange said it expects to debut two contracts, one for 500 Solana coins and a “micro-sized” contract for 25 Solana.
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If the products get the regulatory stamp of approval, the launch would clear the way for approvals of exchange-traded funds tied to Solana. Several asset management firms already have filed for regulatory approval to launch such products.
(Reporting by Suzanne McGee in New York)
