Express

Crypto Derivatives Exchange FTX Launches Tokenized GameStop Futures

Mary Liu

Summary: In order to oppose institutional short positions on Wall Street, retail investors poured into GameStop's stock trading to make it soar for several days. The crypto derivatives exchange FTX announced the launch of GameStop futures, GME-0326, for tokenized futures and spot trading. CEO Sam Bankman-Fried told Decrypt: "It's probably the single product we've ever gotten ...

In order to oppose institutional short positions on Wall Street, retail investors poured into GameStop's stock trading to make it soar for several days.

The crypto derivatives exchange FTX announced the launch of GameStop futures, GME-0326, for tokenized futures and spot trading.

CEO Sam Bankman-Fried told Decrypt: "It's probably the single product we've ever gotten the most requests to list, and all in the last day. "

As of press time, GME's total trading volume has exceeded $5 million.

By Mary Liu

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 2 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 5 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 9 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 11 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 13 days ago
  • You need to login to comment.