Cboe is acquiring Erisx to enter the crypto spot and derivatives markets. “With Erisx, in a single step, Cboe is able to enter the digital asset spot, data, derivatives, and clearing ecosystem. Now is the right time to fully embrace and help define this emerging asset class,” said Cboe’s chief operating officer.
Cboe Entering Crypto Spot and Derivatives Markets
Cboe Global Markets Inc. (Cboe: CBOE) announced Wednesday that it has agreed to acquire Eris Digital Holdings LLC (Erisx).
Erisx’s futures exchange and clearing house are regulated by the Commodity Futures Trading Commission (CFTC). In addition, its clearing house is registered with the Financial Crimes Enforcement Network (FinCEN) and licensed in many U.S. states and territories.
Noting that “Erisx operates a U.S. based digital asset spot market, a regulated futures exchange, and a regulated clearing house,” the announcement details:
Ownership of Erisx provides Cboe with entry to digital asset spot and derivatives markets, including clearing and…