Coinarch, an online trading platform based in Singapore, has become the latest in a handful of companies offering derivatives based on bitcoin’s value – including what the firm says is the bitcoin world’s first ‘reverse convertible’ investment product.
The appearance of such investment products is potentially a sign that bitcoin is maturing as a financial market, making activities like hedging easier.
The first product in the firm’s arsenal is the Booster . Designed for people wanting to bet on the rise or fall of bitcoin prices (going […]
