The LedgerX exchange specializing in cryptocurrency derivatives added a call option to the listing, which will allow holders to purchase Bitcoin for $ 100,000 in December 2020.

Would you much How today has been a pay for the right to the buy one's #Bitcoin for $ 100,000 in December 2020? $ 100k option now available to LedgerX customers, coming to all investors soon! #CenturionContract

– LedgerX (@ledgerx) July 16, 2019

Thus, according to representatives of the exchange, institutional clients with assets from $ 10 million to $ 1 billion have already expressed interest in such a derivative.

“I understand that $ 100,000 is a tidy sum. But many people remember Bitcoin for $ 1, then it reached $ 10, $ 100, and then $ 10,000. Therefore, no one even blinked when he heard about such a contract , ” said the exchange head Paul Chow.

Note that with a price of $ 100,000, Bitcoin’s market capitalization will reach $ 2 trillion.

Earlier, LedgerX received a license of the authorized derivatives market (DCM) from the US Commodity Futures Trading Commission (CFTC), which will allow it to launch the country's first bitcoin futures deliverable.

Nevertheless, some experts expressed the opinion that the obtained permissions would not allow the exchange to provide margin tools for such a product.

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