Robinity (HOOD) has introduced micro futures in Bitcoin
Solana and XRP in the United States, expanding its offer of future existing cryptographic for its almost 26 million accounts financed.
Micro contracts need much less guarantees than full -size futures, allowing merchants to take directional positions while committing a smaller capital portion.
Contracts offer operators more flexibility to bet on the future price direction of a cryptocurrency or current coverage positions given its smaller size.
The launch completes a futures suite that began with BTC and ETH in January. It also arrives weeks after the company closed its purchase of Bitstamp of $ 200 million and ended a $ 179 million agreement for Wonderfi in Canada.
Robinhood’s data show that cryptographic notional volumes have exploited upwards, reaching $ 11.7 billion in May. The figure marks an increase of 36% month by month, and a growth of 65% year after year.
