According to Odaily, Horizon Protocol has announced a collaboration with Phoenix Global's AlphaNet to launch a perpetual futures trading service. The spot trading currently supported by Horizon Protocol includes Real World Assets (RWA) such as fiat currencies (USD, Euro, Yen) and commodities (gold, silver). The expansion into futures trading will also support RWA trading pairs.
This partnership marks a significant step in the expansion of Horizon Protocol's services. By collaborating with Phoenix Global's AlphaNet, they are able to offer a wider range of trading options to their users. The inclusion of Real World Assets in both spot and futures trading provides a unique opportunity for traders to diversify their portfolios and engage in more complex trading strategies.
The announcement did not provide specific details on when the new futures trading service will be launched. However, the collaboration between Horizon Protocol and Phoenix Global's AlphaNet is expected to significantly enhance the trading experience for users by providing more options and flexibility in their trading strategies.