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Bitfinex to launch options and gold-backed stablecoin

From theblockcrypto.com

Bitfinex has plans to offer options as soon as Q1 2020, according to Paolo Ardoino, CTO of Bitfinex and Tether. Ardoino told The Scoop that compliant perpetual swaps and basket futures are on the way. Ardoino revealed this slew of new products in a recent episode of The Scoop podcast. He also said that the company is looking to launch a gold-backed stablecoin, Tether Gold, without disclosing more details on this new cryptocurrency. After iFinex Financial Services, a subsidiary of Bitfinex and Tether parent company iFinex, launched derivatives this summer, the exchange turned its focus to options. The quest to deliver ... (full story)

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