Cboe Global Markets has signed an enhanced deal with FTSE Russell to advance the development of digital asset derivatives. This partnership will be centered on the creation of new products with cash-settled index options for Bitcoin and Ethereum.
The initiative extends a good relationship between Cboe and FTSE Russell, a global index provider, and a derivatives and securities exchange. Together, they will try to meet the increasing demand of investors in crypto derivatives, providing a regulated and transparent trading environment in the U.S. for managing crypto exposures.
Catherine Clay, Global Head of Derivatives at Cboe, said that by joining forces, they are seeking to bring new and creative solutions for the digital assets area.
This partnership will help expand Cboe’s current digitization framework by offering options to invest in cryptocurrencies with institutional-grade and liquidity-screened exposure.
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