FalconX, a leading digital asset prime broker, announced that it has executed the first-ever block trade of CME Group’s newly launched Solana (SOL) futures product with StoneX, a leading global financial services firm. This milestone demonstrates FalconX’s continued leadership in institutional cryptocurrency derivatives trading while highlighting the accelerating institutional adoption of digital assets like SOL.

“FalconX is proud to execute the first block trade in CME SOL futures with StoneX. This highly anticipated launch marks a historic moment for the Solana ecosystem, allowing institutional investors to manage risk and price exposure on a regulated venue,” said Josh Barkhordar, Head of US Sales at FalconX. “This inaugural trade reinforces our commitment to offering a world-class derivatives franchise with exceptional speed-to-market capabilities that institutional clients require.”

CME Group’s launch of SOL futures responds directly to increasing institutional demand for regulated access to digital assets beyond bitcoin and ether. As Solana continues to attract growing developer and institutional interest, CME Group’s SOL and Micro SOL futures provide investors with capital-efficient ways to manage exposure, execute sophisticated hedging strategies, and expand their crypto portfolios within a trusted and compliant trading venue.

“StoneX and StoneX Digital are proud to support CME’s innovative initiatives to enhance institutional access to cryptocurrencies through a regulated and compliant suite of listed derivatives,” said Eric Rose, Head of Digital Asset Execution at StoneX Digital. “Our ability to offer execution and clearing services for CME futures seamlessly complements our spot trading capabilities, further strengthening StoneX’s responsiveness to client demands and reinforcing the firm’s commitment to providing institutional access to the digital asset ecosystem through a trusted and reliable counterparty.”

FalconX continues to serve as a key liquidity provider for CME Group’s comprehensive suite of cryptocurrency derivatives. This pioneering SOL futures trade showcases FalconX’s unique ability to connect institutional investors with cutting-edge cryptocurrency products in a secure, compliant environment, further cementing the firm’s status as the trusted institutional gateway to digital asset markets.

Source; FalconX