TMX Group Canada to unveil crypto futures product later this year

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TMX Group Canada to unveil crypto futures product later this year
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Looking ahead! Canada’s major stock market operator revealed plans to launch its first-ever crypto futures product on the Montreal Exchange later this year.

In response to institutional investors' concerns about the risks of trading in a new asset class, TMX Group, Canada's major stock market operator, has revealed plans to launch its first-ever crypto futures product.that the firm plans to release the product on the Montreal Exchange later this year. According to Mackenzie,"more institutional investors and dealers are [...

Cointelegraph reached out to TMX Group for more details regarding this development. This article will be updated pending new information. Cryptocurrency assets have suffered significant drops in recent months as investors sought safer investments amid expectations of interest rate hikes by central banks. They've made progress in recovering some of their losses in recent weeks, with Bitcoin (

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