FalconX and StoneX executed the first-ever CME Group Solana (SOL) futures trade, marking a pivotal moment in institutional crypto derivatives trading.
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| FalconX and StoneX completed the first CME Group SOL futures trade, advancing institutional adoption of Solana through a regulated and compliant trading venue. Image: CH |
NEW YORK, USA — March 17, 2025:
FalconX, a leading digital asset prime broker, has executed the first-ever block trade of CME Group’s newly launched Solana (SOL) futures with StoneX, a global financial services firm. This landmark trade reinforces the growing institutional demand for regulated cryptocurrency derivatives and strengthens FalconX’s role in expanding institutional access to digital asset markets.
"FalconX is proud to execute the first block trade in CME SOL futures with StoneX. This launch represents a defining moment for the Solana ecosystem, giving institutional investors a regulated platform to manage risk and price exposure," said Josh Barkhordar, Head of US Sales at FalconX. "This inaugural trade highlights our commitment to delivering a world-class derivatives offering with the speed, liquidity, and efficiency required by institutional clients."
CME Group’s introduction of SOL futures reflects increasing institutional interest in capital-efficient, regulated exposure to digital assets beyond Bitcoin and Ethereum. As Solana continues to gain traction among developers and investors, SOL and Micro SOL futures offer sophisticated risk management tools and portfolio diversification opportunities within a secure trading framework.
"StoneX and StoneX Digital are proud to support CME’s innovative expansion of institutional access to cryptocurrencies through regulated and compliant derivatives," said Eric Rose, Head of Digital Asset Execution at StoneX Digital. "Our ability to provide seamless execution and clearing services for CME futures strengthens our role in the institutional digital asset ecosystem and aligns with our commitment to offering trusted market access."
FalconX remains a leading liquidity provider for CME Group’s cryptocurrency derivatives, ensuring institutional investors can access cutting-edge digital asset products in a compliant, regulated environment. This first SOL futures trade marks a significant step in the evolution of institutional cryptocurrency markets, reinforcing FalconX’s position as the premier gateway for institutional digital asset trading.