FalconX, a leading digital asset prime broker, has executed the first-ever block trade of CME Group’s newly launched Solana (SOL) futures product in collaboration with global financial services firm StoneX. This milestone underscores FalconX’s dominance in institutional cryptocurrency derivatives trading and highlights the accelerating institutional adoption of digital assets like Solana.
“FalconX is proud to execute the first block trade in CME SOL futures with StoneX. This highly anticipated launch marks a historic moment for the Solana ecosystem, allowing institutional investors to manage risk and price exposure on a regulated venue,” said Josh Barkhordar, Head of U.S. Sales at FalconX. “This inaugural trade reinforces our commitment to offering a world-class derivatives franchise with exceptional speed-to-market capabilities that institutional clients require.”
The launch of CME’s SOL futures caters to increasing institutional demand for regulated access to digital assets beyond Bitcoin and Ethereum. As Solana gains traction among developers and institutional investors, the new SOL and Micro SOL futures provide capital-efficient tools for managing exposure, implementing hedging strategies, and diversifying crypto portfolios within a trusted regulatory framework.
“StoneX and StoneX Digital are proud to support CME’s efforts in expanding institutional access to cryptocurrencies through a regulated suite of listed derivatives,” said Eric Rose, Head of Digital Asset Execution at StoneX Digital. “Our execution and clearing services for CME futures seamlessly complement our spot trading capabilities, reinforcing our commitment to institutional access in the digital asset ecosystem.”
As a key liquidity provider for CME Group’s cryptocurrency derivatives, FalconX continues to connect institutional investors with advanced crypto products in a secure and compliant trading environment. The execution of this pioneering SOL futures trade further solidifies FalconX’s position as a trusted institutional gateway to digital asset markets.
