Coinbase has filed with the US Commodity Futures Trading Commission (CFTC) to introduce Solana futures contracts on Coinbase Derivatives.

The crypto exchange aims to launch $25,000 SOL derivatives, betting on institutional appetite as the token's volatility soars.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.

Coinbase Derivatives, a subsidiary of the crypto exchange, has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana (SOL) and Hedera (HBAR) futures. The exchange plans to launch the product on Feb 18., with new contracts being cash-settled on a monthly basis, according to the filing.

Coinbase executives Jesse Pollak and Paul Grewal took to X (formerly Twitter) to address one of the subjects that have brought major backlash on the exchange — the perceived arbitrariness of its token listing criteria.

Coinbase Global Inc.’s CEO said the company needs to rethink how it lists and evaluates the slew of new tokens getting created each week.

In her first move since leaving the Senate, Arizona’s Kyrsten Sinema joined crypto exchange Coinbase’s Global Advisory Council. “The future of crypto is just incredibly bright,” the Democrat-turned-in

Derivatives, a subsidiary of the prominent U.S.-based cryptocurrency exchange, took steps to expand its offerings by filing with regulatory authorities to list new futures contracts for Solana (SOL) and Hedera (HBAR).

FinTech Magazine rounds up this week's top stories, from Bitcoin's endorsement at Davos to Visa's African fintech partnership with Moniepoint

Solana's stablecoin supply has surged by 73% in just 15 days, driven by the launch of TRUMP and MELANIA meme coins.

Once a crypto skeptic, Trump enthusiastically embraced the industry as an investor, entrepreneur and source of political fundraising. Among large donors to his campaign and super political action committee were venture capitalists Marc Andreessen and Ben Horowitz and billionaire twins Tyler and Cameron Winklevoss.