💱 Crypto exchange takes on behemoths with physical bitcoin futures

Coinfloor subsidiary CoinfloorEX will rebrand to Coin Futures and Lending Exchange, or CoinFLEX, as it seeks to offer crypto derivatives to Asian investors. Coinfloor co-founder Mark Lamb will serve as CEO of the new Hong Kong based business which plans to offer futures contracts on Bitcoin ($BTC), Bitcoin Cash ($BCH), and Ethereum ($ETH) with up to 20 times leverage.

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