Bitnomial Launches First US-Regulated INJ Futures Contracts

Bitnomial has expanded its offerings in the US-regulated crypto derivatives market with the launch of futures contracts tied to Injective's native token INJ. The contracts, which settle in INJ and have monthly expiries, enable traders to take price exposure without holding the underlying asset. This is a significant development for Injective, as it marks the first time that US-regulated derivatives products have been made available for its protocol.

The listing of INJ futures on Bitnomial's platform follows a similar model to previous launches by the exchange, including the first US-regulated futures tied to Aptos' APT in January. The contracts are available immediately to institutional clients, with retail access expected through Bitnomial's Botanical platform in the coming weeks.

Bitnomial is regulated by the Commodity Futures Trading Commission (CFTC) and operates a trading venue, clearinghouse, and brokerage for crypto derivatives. The exchange has been expanding its offerings in recent months, including the launch of regulated XRP futures for US users in March. This move is seen as part of Bitnomial's continued push to bring altcoin derivatives under US regulatory oversight.