Coinbase announced Wednesday the launch of Solana futures contracts on its US regulated derivatives platform.
The contracts, overseen by the CFTC, are intended to accelerate the institutional adoption of Solana and could lead to the introduction of a SOL ETF in the US.
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In addition to Solana, Coinbase introduced futures for Hedera, the native currency for the Hedera hashgraph distributed ledger.
Coinbase's Solana futures offerings include standard contracts representing 100 SOL and "nano" contracts aimed at retail investors, each representing 5 SOL, or less than $1,000 as of Feb. 19.