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Institutional crypto exchange Bakkt by Intercontinental Exchange (ICE), plans to roll out testing for bitcoin futures trading early July 2019, as announced by CEO Kelly Loeffler in a Medium post on May 13.
ICE first announced in August 2018 with an aim to bridge the gap between the cryptocurrency ecosystem and institutional investors. As per the post, the platform will soon introduce bitcoin futures trading testing on a federally regulated futures exchange in collaboration with its parent company Intercontinental Exchange (ICE).
Bakkt is working with both ICE Futures U.S. exchange and ICE Clear U.S. clearinghouse in order to prepare the first testing of bitcoin futures trading and custody. Loeffler wrote:
“In conjunction with our exchange and clearing partners at ICE, we’ll be working with our customers over the next several weeks to prepare for...
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