The SEC approved rules allowing exchange Cboe to list binary options on Coinbase trading volume and Bitcoin miner MARA’s production. Once these contracts have expired and settled, a later correction to the companies’ reported figures will not change the payout amount. Eligible Coinbase metrics include transaction revenue, subscription and services revenue, and total trading volume. For MARA, the metrics cover Bitcoin produced and total Bitcoin holdings. The standard gross payout is $1, with adjustments possible depending on circumstances. Cboe had announced a planned October rollout across 23 companies, with Robinhood named as the first retail broker partner.
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