Strands Technologies Launches Second Trading Strategy: Covered Put for CME Group Ethereum Futures
Independent software vendor (ISV) Strands delivers a comprehensive solution that seamlessly connects on-chain and traditional markets, offering unparalleled execution capabilities.
CHICAGO – September 10, 2024 – Strands, a global fintech innovator, has built an advanced platform leveraging proprietary smart contracts and transactional gateways. This platform stands out as one of the most sophisticated institutional solutions, enabling both traditional and decentralized transactions. As the first ISV to tokenize U.S. exchange-traded futures and futures options, Strands offers its clients a competitive edge in the rapidly growing real-world asset tokenization market.
Strands has unveiled a new tokenized derivatives strategy: a Covered Put on CME Group (CME) Ethereum futures. This follows last month’s launch of the company’s initial offering, the Covered Call strategy on CME Ethereum futures.
The Covered Put strategy enables Strands’ clients—ranging from investment advisors and hedge funds to CTAs, AI agents, and proprietary traders—to potentially earn income from short futures positions within brokerage accounts tokenized by Strands.
By tokenizing traditional exchange-traded futures and options, Strands maintains the same level of security and usability that institutions expect, while enabling fractionalized investment, real-time risk management, fund administration, and enhanced transparency and accountability throughout the trade life cycle.
This new product is part of a broader suite of automated institutional strategies that Strands plans to roll out to its clients in the coming months.
About Strands Technologies
Strands offers a comprehensive platform tailored for institutions seeking a full-stack solution, from Direct Market Access (DMA) execution to a customizable front-end with integrated tokenization capabilities. The company is driven by a highly experienced team, recognized for their expertise in building ultra-low latency proprietary trading tools. Through its unique ecosystem of innovative smart contracts and transactional gateways, Strands has developed one of the most advanced platforms for both traditional and decentralized institutional transactions. To learn more about Strands' products, join the Strands community on Discord .
Media Contact:
Company: Strands Technologies Ltd.
Contact Person: Bella Florio
Email: bella@strands.finance
City: Chicago
Country: United States
Website: https://www.strands.finance/