trueEx to launch Bitcoin swaps contracts

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The U.S. swap execution facility will launch margined, physically-delivered bitcoin swaps contracts through its cryptocurrency marketplace trueDigital. trueEX's swap execution facility has certified the bitcoin swap contracts. trueDigital will list the contracts in the next three months with quarterly maturities, settling the contracts on the last Friday of each maturity month. (Source: The TRADE Crypto)

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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