NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto

NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto

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Source: Coindesk.com

The New York Stock Exchange plans to list index options tracking the price of bitcoin (BTC), bringing another traditional finance giant into the cryptocurrency space.

The cash-settled derivatives will track the CoinDesk Bitcoin Price Index (XBX), a 10-year-old benchmark operated by this news organization's corporate sibling, CoinDesk Indices. The XBX is currently the benchmark for $20 billion

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The post "NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto" appeared first here Coindesk.com.

Source: Coindesk.com

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