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ErisX Claims $27.5 Million From Fidelity, Nasdaq Ventures

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Crypto exchange ErisX has gotten more than $27 million from Fidelity Investments and Nasdaq Ventures, just to name a few of the investors.

This development comes from a report made by Reuters.

Nasdaq is the world’s second-largest stock exchange, while United States investment firm Fidelity oversees more than $7.2 trillion in client assets.

The report indicates that ErisX would offer both spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), and futures markets in 2019, pending regulatory say-so.

Nasdaq verified their involvement without indicating the amount of their support, while Fidelity has not gotten back to Reuters as of this writing.

Thomas Chippas, who is the CEO of ErisX, remarked that the investment’s goal is to hire staff and “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets.”

Just last October, retail brokerage firm TD Ameritrade had also invested in ErisX, with involvement from investing company DRW Holdings and high-speed trader Virtu Financial. Private equity firm Valor Equity Partners and CBOE Global Markets Inc. also dipped their hands in the fall investment.

Bloomberg had stressed this fall that ErisX would also offer Bitcoin Cash (BCH) support, but the altcoin was not cited by Reuters in the recent report.

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