Share this article
Argentinian Futures Exchange Eyes Bitcoin Offering
Argentina's largest futures market, Mercado de Termino de Rosario or Rofex, is considering offering cryptocurrency products to investors.
Updated Sep 13, 2021, 7:07 a.m. Published Nov 3, 2017, 11:30 a.m.
Argentina's largest futures market has aired plans to offer bitcoin services to investors.
According to a Bloomberg report today, the Latin American country's Mercado de Termino de Rosario (Rofex) is focusing on how it might offer cryptocurrency futures as part of its suite of offerings. Rofex has preliminarily drafted its plans to provide custody services for the digital asset and the use of bitcoin as collateral in futures trading for its clients.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Rofex head Diego Fernandez said in an interview that the possible offering is at "laboratory stage" and that the firm plans to make an announcement "before the end of the year."
Notably, Fernandez also indicated how, for mainstream financial institutions, cryptocurrencies are increasingly being seen as another way to extend business lines.
When asked why Rofex would provide the service, he responded "because it's our core business," though he added that the company would still need to seek regulatory approval before launching any bitcoin product.
The news follows on the heels of U.S.-based futures firm CME Group's announcement this week that it plans to launch bitcoin futures contracts by the end of this year. That move is also pending regulatory approval.
Argentinian pesos image via Shutterstock
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Crypto Markets Today: Cardano-based NIGHT crashes, ZEC, XMR also drop
Most tokens that debuted this year are trading below their initial valuations.
What to know:
- Cardano-based Midnight Network's token NIGHT plummeted 22%, the steepest decline among the top 100 tokens.
- Bitcoin fell below $88,000 after failing to maintain gains above $90,000, with potential volatility expected following the U.S. GDP release.
- A year-end analysis reveals that only 15% of crypto tokens launched in 2025 are trading above their initial valuations, with infrastructure and AI-linked tokens underperforming.
Top Stories
