The crypto space has a new gameplay. After a leading exchange launched stock tokens in the wallet section, today it directly opened a TradFi zone in the contract area—traditional financial futures are officially live.



The first product targets the king of hedging: London Gold XAU/USDT perpetual contracts. This thing is a bit different from those 24/7 crypto contracts—traditional assets like gold follow the old-school approach—trading all day on weekdays (24 hours x 5 days), with one hour daily for system maintenance, and closed on weekends.

Interestingly, the platform previously had a gold stablecoin PAXG, which is a token backed by physical gold. This time, they directly launched futures contracts settled entirely in USDT, with lower barriers and more flexible leverage.

The boundary between traditional finance and the crypto world has once again become blurred.
PAXG0.71%
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APY_Chaservip
· 12-14 11:03
Golden futures enter the crypto world, now they're really going big.
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GateUser-3824aa38vip
· 12-11 11:55
Gold futures enter the crypto space, now it’s really hard to distinguish from traditional finance. It feels like the entire industry is moving towards the middle...
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DAOTruantvip
· 12-11 11:45
Golden futures entering the crypto world? Now it really feels like everything can be tokenized. It seems like the exchanges are building their own financial supermarket.
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failed_dev_successful_apevip
· 12-11 11:27
Gold futures are here. Is the next step to directly move into oil and bulk commodities? Is crypto really consuming traditional finance?
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