{"id":22139,"date":"2025-03-17T15:21:50","date_gmt":"2025-03-17T13:21:50","guid":{"rendered":"https:\/\/forklog.com\/en\/falconx-executes-first-ever-solana-futures-trade\/"},"modified":"2025-03-17T15:21:50","modified_gmt":"2025-03-17T13:21:50","slug":"falconx-executes-first-ever-solana-futures-trade","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/falconx-executes-first-ever-solana-futures-trade\/","title":{"rendered":"FalconX Executes &#8216;First-Ever&#8217; Solana Futures Trade"},"content":{"rendered":"<p>Cryptocurrency broker FalconX, in collaboration with counterparty StoneX, has <a href=\"https:\/\/www.prnewswire.com\/news-releases\/falconx-executes-first-ever-cme-group-sol-futures-trade-with-stonex-302402534.html\">executed<\/a> the &#8216;first-ever&#8217; block trade of Solana-based futures, launched by the regulated derivatives exchange <a href=\"https:\/\/forklog.com\/en\/news\/cme-to-launch-solana-futures\">CME Group<\/a>.<\/p>\n<p>According to Josh Barkhordar, Head of Sales in the US at FalconX, &#8220;the long-awaited launch marks a historic moment for the Solana ecosystem, allowing institutional investors to manage risks and price impacts on a regulated platform.&#8221;<\/p>\n<p>A block trade involves a large volume processed outside the open market to avoid impacting the asset&#8217;s price.<\/p>\n<p>StoneX supported the trade by providing execution and clearing services for the contracts. The company highlighted the importance of such initiatives in expanding client access to the crypto market.<\/p>\n<p>FalconX emphasized that they were the first to execute a transaction with the new product, strengthening their position as a key partner for institutional investors in the digital asset market.<\/p>\n<p>At the time of writing, SOL is trading around $129. Over the past 24 hours, the coin&#8217;s price has decreased by 1.5% (data from <a href=\"https:\/\/www.coingecko.com\/en\/coins\/solana\">CoinGecko<\/a>). <\/p>\n<p>Back in January, information about XRP and Solana-based futures <a href=\"https:\/\/forklog.com\/en\/news\/cme-to-potentially-launch-xrp-and-sol-futures\">appeared<\/a> on a CME subdomain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency broker FalconX, in collaboration with counterparty StoneX, has executed the &#8216;first-ever&#8217; block trade of Solana-based futures, launched by the regulated derivatives exchange CME Group. According to Josh Barkhordar, Head of Sales in the US at FalconX, &#8220;the long-awaited launch marks a historic moment for the Solana ecosystem, allowing institutional investors to manage risks and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[383,609,1159],"class_list":["post-22139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cme-group","tag-futures","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"48","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22139"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22138"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}