CoinFLEX plans to offer Libra futures settled in Libra tokens
Cryptocurrency derivatives exchange CoinFLEX plans to offer futures that payout based on the likelihood Facebook's Libra will be operational by the end of next year. The futures contracts will be physically-settled, meaning contracts will be paid out it Libra tokens if the project is live by Dec. 30, 2020. The Seychelles-based exchange intends to hold an initial futures opening (IFO) for Libra futures later this month with the initial price set at $0.30.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.