The contract is a milestone in developing Hong Kong’s fixed income and currencies ecosystem.
Duffy argued that the Commodity Exchange Act defines futures as a contract with a delivery or expiration date.
President and CFO Lynne Fitzpatrick will replace Terry Duffy as CEO next year.
He will transition to executive chairman on March 1, 2027.
They may remove expiration dates from existing digital commodity perp-style futures.
Wintermute also plans to make SpaceX exposure available in tokenized form.
Traders are looking to diversify their portfolios across commodity markets.
Derivatives will be offered on Morningstar Market Indexes for the first time.
The futures are a sign of crypto's maturation and its ongoing intersection with traditional financial infrastructure.
