A test launch of Bitcoin deliverable futures on the Bakkt platform officially started.
According to Bakkt, user testing of daily and monthly contracts takes place in a planned manner with the participation of clients from all over the world.
Recall that at Bakkt two futures contracts will be presented – with daily and monthly settlements. Risk management and the mechanism for securing these contracts, according to representatives of the platform, will meet the standards of the traditional derivatives market.
Sam Doctor, a strategist at Fundstrat Global Advisors, a New York-based company, was convinced that a critical mass of institutional investors who were ready to enter the market on the launch day of the platform had already accumulated, since the product that Bakkt is going to offer will be the first regulated instrument of its kind in the United States.