Cboe Global Markets has completed the syndication of minority equity interests with thirteen firms becoming investor partners in the Cboe Digital business.
Accessed via the TradeBlock platform, the ErisX clearing functionality helps mitigate settlement risk that is prevalent in OTC transactions.
ErisX, a Cboe Global Markets company, today announced it has introduced the ErisX Settlement Service.
Cboe announced the initial group of firms that intend to become equity investors in the Cboe Digital business.
Cboe Global Markets has completed the acquisition of Eris Digital Holdings, LLC (ErisX), an operator of a US-based digital asset spot market.
Ownership of ErisX provides Cboe with entry to digital asset spot and derivatives markets, including clearing and settlement.
The sporting event based futures contracts were designed to specifically meet the hedging needs of commercial market participants.