Xena Exchange: Launches Telegram GRAM token derivative

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Xena Exchange: Launches Telegram GRAM token derivative

Xena: Unleashes crypto-settled derivative contract for GRAM token

  • Gram started trading as a contract on London-based Xena Exchange
  • Xena-listed contracts are publicly tradable and provide liquidity for the gram token before release
  • Telegram investors able to trade the derivative contracts before the tokens are issued
  • This is the first time, contracts have been used not only to speculate on the rate changes but also to hedge the risks
  • The launch provides the opportunity to invest in cryptocurrency through contracts
  • The indices simplify investments and reduce the risks for investors due to diversification