CME Group Aims for October 19 Launch of Uniswap Futures
CME Group is planning to launch Uniswap (UNI) futures on October 19, subject to regulatory review. The move follows a significant surge in UNI's price, which reached approximately $10.43 on September 23 after rising 15.17%. Two wallet addresses bought a combined 407,919 UNI valued at about $4.07 million.
The planned products would expand CME’s cryptocurrency derivatives lineup with standard UNI futures representing 10,000 UNI and Micro UNI futures representing 1,000 UNI. The contracts would trade on a CFTC-regulated derivatives venue.
Giovanni Vicioso, global head of cryptocurrency products at CME Group, said 'As crypto markets continue to mature, participants require broader, regulated tools to navigate evolving digital asset related price risk.'