Brazilian Inventory Trade B3 is ready to develop its cryptocurrency providing with the introduction of Ether (ETH) and Solana (SOL) Bitcoin (BTC) choices and futures contracts.
The expanded product is predicted to reach later this yr, Trade CEO Gilson Finkelsztain instructed native media. Bitcoin futures contracts have been added to the trade final April, exhibiting buying and selling volumes of $5 billion (roughly $860 million) per 30 days, in response to native information outlet Valor Investe.
Compared, conventional cryptocurrency exchanges noticed whole buying and selling volumes of $66.6 billion (roughly $1.13 billion) within the first month of the yr, in response to Biscott, a Brazilian cryptocurrency market monitor.
B3 is Brazil’s main inventory trade, with merchandise traded on dozens of cryptocurrency exchanges listed together with shares, bonds and different monetary merchandise.