Inside the Polychain-backed, offshore futures exchange hoping to beat Bakkt

As Cboe left the bitcoin futures market last week, another has been lining up to take its place.

CoinFLEX, a still-dormant exchange with a low profile but big backers, is not intimidated by the players who remain in the futures game. It’s planning to be the first to offer physically delivered bitcoin futures, set to launch in the “next few weeks,” and says it’s got a few tricks up its sleeve.

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