4 weeks ago
4
Key Takeaways
- B3 launched call and put options on Bitcoin, Ether and Solana futures.
- The contracts settle into futures, not spot crypto tokens.
- Bitcoin options are denominated in Brazilian reais, while Ether and Solana options are denominated in U.S. dollars.
- The launch comes as Brazil expands regulated crypto products while increasing stablecoin supervision.
Brazil Is Bringing Crypto Derivatives Onshore
The important point is not simply that B3 added another crypto product. The bigger signal is that Brazil is creating a local venue for crypto risk management, instead of leaving traders and asset managers dependent on offshore derivatives markets.
According to B3’s circular, the new products include call and put options on Bitcoin futures in Brazilian reais, plus options on Ether and Solana futures. These are standardized derivative...
English (US)