London Stock Exchange’s LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New Service

On April 13, 2023, the London Stock Exchange’s LCH division, a clearing house group serving major international exchanges and a wide range of over-the-counter (OTC) markets, announced its plans to offer clearing of bitcoin index futures and options contracts traded on GFO-X. Frank Soussan, the business lead at LCH Digital Asset Clear, stated during the […]

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Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to […]

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Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy

Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still FrothyBitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open interest today. Sizzling Hot […]

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PR: MoneyToken Is Launching Its Own Exchange – in Collaboration With Huobi Cloud

MoneyToken Is Launching Its Own Exchange – in Collaboration With Huobi CloudMoneyToken, one of the leading global crypto-lending platforms offering crypto assets-backed loans, has announced the launch of their new MoneyToken Exchange platform in a collaboration with Huobi Cloud.

This gives MoneyToken the ability to leverage Huobi’s technical expertise and security know-how, plus gives users access to the liquidity that Huobi Cloud has to offer.

The post PR: MoneyToken Is Launching Its Own Exchange – in Collaboration With Huobi Cloud appeared first on Bitcoin News.

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