Lighter Begins Application for Onchain Derivatives Trading License

CEO Vladimir Novakovski said on a first-quarter investor call that licensing is necessary to attract major traditional finance firms such as Citadel.

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Terms & Concepts
  • Onchain derivatives: Derivative products issued or traded on a blockchain, using blockchain-based infrastructure for execution and settlement.
  • Derivatives trading license: A regulatory authorization that allows a firm to offer or operate derivatives markets under applicable financial rules.