HomeNewsCME to Launch Cardano, Chainlink, and Stellar Futures on Feb. 9

CME to Launch Cardano, Chainlink, and Stellar Futures on Feb. 9

-

The Chicago Mercantile Exchange will launch futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on February 9. The move expands institutional access to these altcoins, similar to existing products for Bitcoin and Ethereum. However, historical data shows such launches are structural developments and have not immediately boosted prices for other assets in a weak market.


The Chicago Mercantile Exchange (CME) will begin supporting futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on February 9. As stated by the exchange, the offerings include both standard and micro-sized contracts for each cryptocurrency.

For ADA, contract sizes will be 100,000 and 10,000 coins. LINK contracts will contain 5,000 and 250 coins, while XLM contracts will be for 250,000 and 12,500 coins. This expansion brings CME’s total crypto futures portfolio to seven digital assets.

Giovanni Vicioso, CME Group global head of crypto products, said the launch provides more tools for investor exposure. “Market participants will now have greater choice with enhanced flexibility and more capital efficiencies,” he noted.

Martin Franchi, CEO of NinjaTrader, called it a watershed moment for the futures industry. “Digital assets are reaching a global inflection point as they become increasingly mainstream and more deeply integrated into investors’ portfolios,” Franchi remarked.

Historical precedent suggests muted immediate price impact. Solana’s CME futures debut in March 2025 saw $12 million in notional volume while its price remained sideways. Similarly, XRP futures launched in May 2025 with $19 million in volume before the altcoin’s price dipped.

Amid the announcement, the broader market experienced significant declines. ADA was down 8.5% in 24 hours, LINK traded near $9 after an 8% loss, and XLM also posted an 8% loss. Whale wallets for ADA have been accumulating recently, while LINK’s supply on exchanges remains relatively low.

LATEST POSTS

Ireland Probes X Over Grok AI-Generated Non-Consensual Sexual Images

Ireland's Data Protection Commission has launched a major GDPR investigation into X over allegations that its Grok AI chatbot generated and spread non-consensual sexualized images,...

XRP Stalls Below $1.65 as Fading Volume Signals Weakening Momentum

XRP faces weakening momentum as it fails to break through the $1.65 resistance level. Trading volume dropped significantly while analysts warn of a potential deeper...

BRICS Pay 2026: Brazil’s Pix-driven network goes live, cutting reliance on US dollar today

BRICS launched a Brazil-backed payment network into a decisive operational phase in 2026 to settle trade without relying on the US dollar. The system links...

Bitcoin Teeters Near $68K as Institutional Investors Diverge on Altcoins

Bitcoin shows signs of stabilization after a pullback, while institutional flows reveal a split narrative. Major investors like Harvard are rebalancing crypto holdings, and a...

Most Popular

spot_img