[Bitnomial Launches the First Regulated Tezos (XTZ) Futures Product in the U.S.] BlockBeats News, February 4: Chicago-based derivatives exchange Bitnomial announced the launch of the first regulated Tezos (XTZ) futures contract in the United States, officially available to institutional investors. Retail users will be able to participate in trading through its platform, Botanical. The Tezos project was first proposed in 2014 and raised approximately $232 million during its 2017 ICO, making it one of the largest ICOs in history. Tezos is known for its "self-amending" governance mechanism and early adoption of the PoS consensus model. Bitnomial stated that it also plans to launch XTZ perpetual contracts and options products in the future. Tezos co-founder Arthur Breitman noted that the introduction of regulated futures will help improve price discovery and risk hedging mechanisms, driving institutional participation. Bitnomial had previously taken the lead in launching compliant derivatives for multiple crypto assets in the U.S., including XRP, Solana, and Aptos.