Cboe plans to integrate its digital asset derivatives business into its existing global derivatives and clearing businesses
The Chicago Board Options Exchange (Cboe) announced that it plans to restructure its digital asset business in the third quarter of 2024. The plan is to fully transition and integrate its current digital asset derivatives provided by the Cboe Digital Division into its existing global derivatives and settlement business. In addition, Cboe will cease operations of its Cboe Digital Spot Market, which is the company's digital asset trading platform, in the third quarter of 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto AI tokens crushed by DeepSeek-fuelled NVDA sell-off
AI-related cryptocurrencies experienced sharp declines Monday, mirroring a broader U.S. equity sell-off as DeepSeek’s cost-efficient AI model disrupted market expectations.Analysts suggest that DeepSeek’s emergence, offering services at a fraction of competitors’ costs, raises questions about the sustainability of current AI investment strategies.
Cryptocurrency PAC Fairshake Raises Funds for 2026 Election Amid Existential Threat in 2024
New State Embraces Bitcoin Reserves: Are Investors Expressing Doubt?
Uncovering the Mixed Reactions as Another State Readies to Embrace Bitcoin Amid Economic Predictions
Ethereum ETFs Pull in $5B: Will Bitcoin ETFs be Outpaced Soon?
Institutional Interest in Ethereum Rises as ETF Participation and Staking Outpaces Bitcoin's Dominance