Bakkt is looking to beat CME to the punch on options tied to bitcoin
Bakkt is eyeing the launch of an additional derivative tied to the bitcoin market, according to several sources with knowledge of the firm's product roadmap.The firm is hoping to beat rival CME Group, which said last month that is launching its own option contract tied to the cryptocurrency in Q1 2020. "I expect CME and ICE to battle like hell for dominance in this space," one source told The Block.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.