360T has partnered with Wintermute Asia and Crypto Finance to launch cryptocurrency NDF products
ChainCatcher news, the foreign exchange trading platform 360T under Deutsche Börse Group announced a partnership with Wintermute Asia and Crypto Finance to launch cryptocurrency non-deliverable forward (NDF) products, successfully completing the first transaction on the platform.It is reported that the newly launched cryptocurrency NDF products will initially support Bitcoin (BTC) and Ethereum (ETH), leveraging existing over-the-counter foreign exchange (OTC FX) workflows, aimed at helping its globally diverse client base smoothly adopt these new products. By trading cryptocurrency NDFs on 360T, clients can invest in the underlying cryptocurrencies without actually holding the underlying assets and can hedge existing cryptocurrency asset risks on a regulated platform.