Day: March 31, 2021

CME Group to Launch Bitcoin Mini Futures

CME Group, the world’s largest financial derivatives exchange, is set to launch Micro Bitcoin futures, at one-tenth of a Bitcoin, on May. CME Group already offers standard Bitcoin futures, which have traded at an average volume of 13,800 contracts (roughly 69,000 BTC) daily throughout 2021. Micro Bitcoin futures will offer institutional traders and investors more …

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Element Finance Raises $4.4M to Boost Fixed Rate DeFi Markets 

Element Finance raised $4.4M in a seed round led by Andreessen Horowitz and Placeholder accompanied by SV Angel, A.Capital, Scalar Capital, and Robot Ventures.  Angels included Joseph Lubin, Fernando Martinelli, Stani Kulechov, Mariano Conti, Robert Leshner and Tarun Chitra. The project aims to bring liquidity to the fixed-rate income and interest markets Users will be …

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