ErisX Launches Crypto Spot Market on Heels of New $20 Million Raise
Aspiring crypto derivatives provider ErisX took one step closer to its ultimate goal Tuesday with the launch of a spot market.
ICE CEO Jeffrey Sprecher said Bakkt will launch its physically-settled bitcoin futures soon, subject to regulatory approval.
LedgerX has launched the first physically-settled bitcoin futures contracts in the U.S., beating Bakkt to the punch.
Seed CX has begun testing bitcoin margin swaps with users and is waiting on regulatory approval to launch them.
The firm's early investment in derivative platform ErisX may enable the firm to expand their crypto investment opportunities.
The CFTC just granted ErisX a derivatives clearing organization license, green-lighting it to launch physically-settled bitcoin futures contracts.