UK: Crypto Exchange Takes on Behemoths With Physical Bitcoin Futures

Bloomberg

The contest is heating up to gain market share in one of the most closely watched products in the world of cryptocurrencies: physically delivered Bitcoin futures. While the owner of the New York Stock Exchange is expected to start offering such contracts shortly and Eris Exchange LLC plans to follow, the firm that says it was first to market has spun off from its previous owners and will provide the derivatives on some of the largest digital coins to Asian retail investors beginning next month. Started last year as CoinfloorEX, then a unit of the U.K. Bitcoin exchange Coinfloor, the platform will now be called Coin Futures and Lending Exchange, or CoinFLEX.

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