Crypto Exchange ErisX Raises $27.5 Million From Fidelity, Nasdaq Ventures and Others
(image source Google.com)
Crypto exchange ErisX has raised $27.5 million
from Fidelity Investments and Nasdaq Ventures, among other investors, Reuters reports Dec. 4
Nasdaq is the world’s second largest stock exchange, while U.S. investment firm Fidelity administers over $7.2 trillion in client assets.
According to Reuters, ErisX will offer both on spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), as well as futures markets in the following year, pending regulatory approval.
Nasdaq confirmed their participation to Reuters without specifying the amount of their contribution, while Fidelity has not responded to Reuters’ requests for comments by press time.
According to Thomas Chippas, ErisX CEO, the investment’s purpose is to hire staff and “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets.”
In October of this year, retail brokerage firm TD Ameritrade had also invested in ErisX, with participation from investing company DRW Holdings and high-speed trader Virtu Financial. Reuters writes that the private equity firm Valor Equity Partners and CBOE Global Markets Inc also participated in the fall investment.
Bloomberg had noted this fall that ErisX would also offer Bitcoin Cash (BCH) support, but the altcoin was not mentioned by Reuters in today’s article.
Thank you so much for sharing this amazing post with us!
Have you heard about Partiko? It’s a really convenient mobile app for Steem! With Partiko, you can easily see what’s going on in the Steem community, make posts and comments (no beneficiary cut forever!), and always stayed connected with your followers via push notification!
Partiko also rewards you with Partiko Points (3000 Partiko Point bonus when you first use it!), and Partiko Points can be converted into Steem tokens. You can earn Partiko Points easily by making posts and comments using Partiko.
We also noticed that your Steem Power is low. We will be very happy to delegate 15 Steem Power to you once you have made a post using Partiko! With more Steem Power, you can make more posts and comments, and earn more rewards!
If that all sounds interesting, you can:
Thank you so much for reading this message!
Congratulations @stockmarketinfo! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!