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    Home » Bakkt reported on how Bitcoin-futures are being tested

    Bakkt reported on how Bitcoin-futures are being tested

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    By BlockchainJournal on July 23, 2019 News
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    The team of crypto-platform Bakkt announced the successful start of testing Bitcoin-futures.

    In their Twitter-blog, Bakkt representatives told that testing of daily and monthly contracts is carried out according to the plan, customers from all over the world are participating in the testing. According to data from Bakkt, futures are being tested, with daily and monthly calculations. They are traded on the ICE Futures US platform, ICE Clear US is responsible for clearing

    Kicks off user today has been Acceptance testing @ICE_Markets for the Bakkt the Bitcoin & the Daily Futures exchange the Monthly Contracts

    Testing

    Bakkt (@Bakkt) July 22, 2019

    It is expected that the crypto platform Bakkt will especially arouse the interest of institutional investors, since due to its efforts, regulated supply futures contracts on BTC first appeared on the US market.

    Recall that initially the launch of the Bakkt site was scheduled for December last year, but due to pressure from regulators, the date was postponed to January of this year, after which the company no longer spoke of specific dates. It is noteworthy that at the end of spring Bakkt announced its intention to go through the process of self-certification of contracts, without the permission of CFTC. In addition, the company will need to obtain a license of the trust company for listing Bitcoin-fyuchesrov – to achieve this goal, she turned to DFS.

    Bakkt Bitcoin BTC CFTC Featured ICE Spring
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