Set to list crypto assets, new derivatives exchange ErisX gets major backing

Eris Exchange, today announced the creation of ErisX – a new regulated derivatives exchange and clearing organization that will include digital asset futures and spot contracts on one platform. ErisX is a planned offering of Eris Exchange, a CFTC-regulated Designated Contract Market, and Eris Clearing, which has a Derivatives Clearing Organization application pending with the CFTC.

ErisX is integrating digital asset products and technology starting with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC), the ErisX solution provides trading, deposits, and withdrawals on a stable capital markets technology infrastructure.

This new venture is backed by both new and existing investors spanning the traditional capital markets and digital asset markets including DRW Venture Capital, Valor Equity Partners, TD Ameritrade (AMTD), Virtu Financial (VIRT), NEX Opportunities, Cboe Global Markets (CBOE), CTC Group Investments, Digital Currency Group, Nico Trading, Pantera Capital and Third Stone Partners.

The ErisX team said they were also proud to launch with the support of CMT Digital, Susquehanna International Group, XR Trading, C2 Capital Management and ED&F Man Capital Markets Inc. who too participated in the investment round.

“TD Ameritrade is an innovative, forward-thinking firm and we are thrilled to join with them to deliver their clients access to the secure and transparent ErisX digital asset market.”

Thomas Chippas, CEO of ErisX

“Our retail clients are seeking to access and trade digital currency products in the same way they do with traditional capital markets – through a legitimate, regulated and transparent exchange. That’s precisely why we chose to invest in ErisX – to make digital currency products more accessible to retail clients.”

Steve Quirk, executive vice president of Trading & Education at TD Ameritrade

“To function efficiently, financial markets must demonstrate security and compliance, two critical gaps in today’s digital asset markets. ErisX has recognized there is a monumental opportunity to re-imagine digital asset trading, and they’ve developed a platform to deliver a highly secure yet revolutionary experience that will work better, and for more participants.”

Antonio Gracias, founder and managing partner at Valor Equity Partners

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