The bitcoin derivatives exchange Bitnomial received a designated contract market (DCM) license issued by the US Commodity Futures Trading Commission (CFTC) this month, which means that the exchange can trade bitcoin futures and options contracts in the United States. Bitnomial provides a physical delivery contract and plans to launch a user acceptance test (UAT) on April 27. In addition, Bakkt, ErisX, LedgerX, CME (CME), etc. are all transactions that also obtain DCM and carry out bitcoin contract transactions. According to the official website, Bitnomial was established in 2014 to establish a trading market for institutional traders and native digital asset hedgers. Bitnomial investors include Jump Capital, Coinbase Ventures, DV Chain, RRE Ventures, Digital Currency Group, ValueStream Ventures, Indicator Fund And other individual investors.