The line between traditional finance and digital assets continues to blur. CME Group, the world’s largest derivatives exchange, has launched options on futures contracts tied to Solana (SOL) and XRP, two of the biggest cryptocurrencies after Bitcoin and Ether. The new suite allows traders to take positions in SOL, Micro SOL, XRP, and Micro XRP futures, with contracts expiring daily, monthly, or quarterly. The first trades took place in mid-October: Wintermute and Superstate executed the inaugural block trade for XRP options, while Cumberland DRW and Galaxy carried out the first for SOL options. The exchange’s entry ... (full story)