inspire greater confidence among investors and foster more fair and orderly digital asset markets. Bakkt may not be able to launch its planned bitcoin futures exchange this month as planned, but that isnt stopping the company from developing its projects. While cash-settled Bitcoin futures contracts came to market on cboe and CME as early as December 2017, the first physically delivered Bitcoin futures are targeted for launch in January 2019 on, bakkt, the digital assets platform created by the operator of the New York Stock. As reported, Nasdaqs planned futures contract will purportedly be the first of a set of transparent, regulated and surveilled digital assets products to be jointly launched as part of its recently announced partnership with.S.
Securities and Exchange Commission (. XBT is the symbol for the bitcoin futures listed by Cboe. CEO Kelly Loeffler announced Monday that the New York Stock Exchangebacked startup was acquiring certain assets belonging to Rosenthal Collins Group (RCG an independent futures commission merchant.
Bakkt previously announced it had raised nearly 183 million in a funding round, with the funds intended to building up the exchanges infrastructure. Our mission requires significant investment in technology to establish an innovative platform, as well as financial market expertise to deliver the most trusted fintech ecosystem for digital assets. Michael Casey, Kelly Loeffler, Jeff Sprecher image via CoinDesk archives). Cboe Global Markets Inc. The cftc must first start a 30-day comment period, allowing the general public to weigh in on the proposal, which the regulator has yet. Referencing a regulatory delay in launching the companys anticipated futures exchange, Loeffler added: This acquisition underlines the fact were not standing still as we await regulatory approval by the cftc for the launch of regulated trading in our crypto markets.
2019 is off to a strong start for CME, bitcoin Futures (BTC which surged to a record high on February 19, with 18,338 contracts or 91,690 equivalent bitcoin.
The world s second largest stock exchange, nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019.
The move comes at time when Bitcoin trading volumes have seen more than.
Bakkt introduces new board members as its bitcoin futures launch hangs.