Antigua-based crypto derivatives exchange FTX saw record volumes in ether futures on Wednesday amid a sell-off in the cryptocurrency’s price.
FTX claims its high-growth rate justifies its billion-dollar valuation.
For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX.
Crypto exchange Binance has invested in derivatives platform FTX as part of a strategic partnership between the firms.