Crypto Options Traders Turn to Regulated Platform Amid Scrutiny
Katherine Doherty - Bloomberg Law
As the US increases its scrutiny of the digital-asset sector, one firm is now offering large institutional investors a way to trade crypto derivatives through a regulated platform meant to mirror traditional markets. Firms including SBI Alpha Trading Co. and QCP Capital Pte. have executed cryptocurrency options trades on Clear Markets Holdings Inc.'s platform and used automated collateral management on a blockchain network, the firms announced Thursday. The system enabled Tokyo-based SBI and QCP, headquartered in Singapore, to post Bitcoin as collateral using a custodian of their choice.
/jlne.ws/430ITS1
Katherine Doherty - Bloomberg Law
As the US increases its scrutiny of the digital-asset sector, one firm is now offering large institutional investors a way to trade crypto derivatives through a regulated platform meant to mirror traditional markets. Firms including SBI Alpha Trading Co. and QCP Capital Pte. have executed cryptocurrency options trades on Clear Markets Holdings Inc.'s platform and used automated collateral management on a blockchain network, the firms announced Thursday. The system enabled Tokyo-based SBI and QCP, headquartered in Singapore, to post Bitcoin as collateral using a custodian of their choice.
/jlne.ws/430ITS1