FalconX and StoneX Launch First Block Trade for CME Solana Futures!

Jakarta, Pintu News—FalconX, a prime broker of digital assets, and StoneX, a global financial services company, recently successfully completed the first block transaction for Solana futures introduced by CME Group.

This activity marks an important step in the institutional adoption of cryptocurrencies through regulated derivative products. These Solana futures are designed to allow investors to manage risk and speculate on the price of Solana (SOL) without having to physically own the asset. This transaction also demonstrates the increasing interest in regulated digital asset investments.

Check out the full news below!

FalconX and StoneX Execute First Block Transaction for Solana Futures (SOL)

Reporting from FalconX and StoneX, two leading entities in the financial sector, have taken a major step by executing the first block transaction for CME Group’s newly launched Solana (SOL) futures.

This transaction marks a significant moment in the history of cryptocurrency trading and confirms FalconX’s position as a leader in institutional trading of crypto assets.

The Solana Futures (SOL) launched on February 28, offering two contract sizes; the standard is 500 SOL, and the micro is 25 SOL. Block transactions conducted by FalconX and StoneX allow for the execution of large transactions without significantly affecting the market price.

Josh Barkhordar, FalconX’s head of US sales, described this as a strategic move to facilitate crypto trading among institutions. With these futures, investors can take positions on Solana (SOL) price movements with more flexibility and control.

Also read: Crypto Whale Shorted $450 Million Worth of Bitcoin, Community Takes Action!

CME Group Launches Solana Futures (SOL) for Institutional Investors

CME Group, the world’s largest derivatives exchange, has demonstrated its commitment to innovation by launching Solana (SOL) futures. The product is designed to provide investors with an efficient way to trade based on Solana (SOL) price movements without the need to hold the asset directly.

These futures are cash-settled and track the CME CF Solana-Dollar Reference Rate, which provides a daily reference rate of the US dollar price of Solana (SOL) calculated at 4:00 p.m. London time. Eric Rose, head of digital asset execution at StoneX, emphasized the company’s dedication to improving institutional access to cryptocurrencies through regulated trading options.

According to him, CME Group’s initiative to launch registered and regulatory-compliant derivative products greatly supports the growth of the digital asset market. This paves the way for financial institutions to engage more deeply in crypto asset trading in a safe and controlled manner.

Conclusion

This first block transaction by FalconX and StoneX marks a new era in regulated crypto derivatives trading. With the increasing adoption and integration of derivative products such as Solana (SOL) futures by CME Group, the digital asset market is expected to become more mature and accessible to institutional investors.

This move strengthens the crypto ecosystem and opens up new opportunities for investors seeking exposure to digital assets in a more traditional and regulated format.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News. FalconX, StoneX Execute First CME SOL Futures Block Trade. Accessed on March 18, 2025
• Featured Image: Crypto Rank