CBOE Completes Takeover of Crypto Trading Platform ErisX

Cboe Global Markets, the operator of the Chicago Board Options Exchange (CBOE), has completed the acquisition of ErisX, a US-based trading and clearing platform for digital assets and their derivatives.

The acquisition gives the company the opportunity to enter the spot and derivatives markets of digital assets through a regulatory-compliant marketplace with industry partners. Ed Tilly, CEO of Cboe Global Markets, has said:

“The addition of ErisX to the Cboe network is another exciting chapter in our growth story. We see huge potential in the digital asset market.”

ErisX will continue to do business as a subsidiary led by current CEO Tom Chippas.

It is planned that the platform will add a market data streaming service to existing operations. Cboe Digital will be a partner in the development of information products.