A slew of Wall Street giants are getting behind an upstart exchange looking to launch a suite of crypto futures, and it could be a big rival to Bakkt

Quick Take

  • A large group of Wall Street firms is getting behind a new crypto exchange 
  • ErisX, which is seeking regulatory approval to list futures tied to bitcoin, ether, bitcoin cash, and litecoin, announced it closed a fundraising round 
  • TD Ameritrade, DRW, and Virtu Financial are among the Wall Street heavy hitters backing the venture 
Brokerage giant TD Ameritrade, a slew of high-speed traders, and a long list of Wall Street firms are getting behind a brand new market for crypto called ErisX, the firm announced Wednesday. The venture, which is being led by trading veteran Thomas Chippas, would provide a place for individuals and institutions to trade cryptocurrencies and derivatives […]

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