Bitnomial

Bitnomial is a Chicago-based derivatives exchange company founded in 2014 that operates the first and only fully-integrated, crypto-native exchange and clearinghouse infrastructure in the United States. The company owns and operates three CFTC-regulated subsidiaries spanning the entire derivatives stack: Bitnomial Exchange, LLC (Designated Contract Market), Bitnomial Clearinghouse, LLC (Derivatives Clearing Organization), and Bitnomial Clearing, LLC (Futures Commission Merchant).

Core Products and Services

Bitnomial offers a comprehensive suite of crypto-margined and crypto-settled derivative products on a single unified platform:

Trading Products:

• Leveraged spot trading with up to 6x leverage
• Perpetual futures contracts (first-ever CFTC-regulated perpetual futures)
• Traditional futures contracts
• Options contracts
• Prediction markets (CFTC-approved)

Infrastructure Services:

• Digital asset margin and settlement capabilities
• Clearing services for institutional partners
• Exchange listing services
• Regulatory infrastructure and compliance frameworks

All products are accessible through Botanical, Bitnomial's proprietary trading technology platform that provides a unified interface for trading perpetuals, futures, options, spot, and prediction markets.

Key Differentiators

Bitnomial is the only U.S. exchange offering physically-settled (crypto-settled) futures and options, where contracts deliver actual digital assets at expiration rather than cash settlement. This enables:

• Crypto margin collateral: First and only CFTC-regulated exchange accepting BTC, ETH, and other digital assets as margin
• Crypto settlement: Contracts settle in the underlying digital asset for precise inventory management and hedging
• Unified collateral pool: Single margin pool across all product types (perpetuals, futures, options, spot)
• Tax benefits: Eligible trades receive blended 60% long-term, 40% short-term U.S. capital gains treatment
• No pre-collateralization: Hold assets until contract delivery (except event contracts)

Regulatory Standing

As of January 2026, Bitnomial holds the full set of CFTC derivatives licenses, making it the first crypto-native exchange to achieve this milestone. The company operates in the world's most trusted regulatory jurisdiction and maintains established relationships with regulatory authorities.

Market Position and Recent Milestones

• February 2026: Launched first-ever U.S. Tezos (XTZ) futures
• January 2026: Launched first-ever U.S. Aptos (APT) futures
• December 2025: Gained CFTC approval for prediction markets clearing
• December 2025: Digital assets became first-class margin collateral following new CFTC and OCC guidance
• 2025: Launched DCO and first-ever U.S. perpetual futures
• 2023: Received DCO registration
• 2022: Received FCM registration
• 2021: Launched exchange and physically-settled bitcoin futures market
• 2020: Received DCM designation from CFTC

Why Choose Bitnomial

Institutional partners benefit from a mature, fully-regulated U.S. infrastructure that combines the efficiency of crypto-native operations with the trust and compliance of CFTC oversight. The platform enables institutional-grade trading, clearing, and settlement with crypto margin and delivery capabilities unavailable elsewhere in the regulated U.S. market. Bitnomial serves as a neutral clearing provider for partners seeking to leverage established regulatory relationships and operational infrastructure without building competing retail offerings.