Cryptocurrency exchange to launch first physically delivered bitcoin futures

Coinfloor says it’ll launch a futures exchange for digital assets in April that will include physically delivered bitcoin futures contracts

CoinfloorEX is a London-based trading platform

• Said to be aimed at hedge funds, proprietary trading firms and sophisticated retail investors as well as cryptocurrency miners

 Mark Lamb, co-founder of Coinfloor

• “When you talk to the liquidity providers, they all say the same thing, which is they want a physically delivered futures contract so they can hedge their exposure across exchanges,”

Lamb speaking on the sidelines of the Futures Industry Association’s annual conference in Boca Raton, Florida

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CBOE and CME bitcoin futures are cash settled, no actual cryptocurrency changes hands

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price chart update for BTC