Cboe Global Markets is joining the race to take cryptocurrency pricing mainstream. The exchange owner will launch a suite of tools in 2021 in a licensing partnership with execution provider CoinRoutes. Cryptocurrency indexes, historical data, and real-time ticks are all on the table, said Catherine Clay, Cboe’s information solutions chief.
The deal makes Cboe, which operates the largest options exchange in the U.S., the latest financial force to enter the cryptocurrency data business. It’s been a busy December, with service providers looking to keep up with institutions going long on bitcoin. For example, S&P unveiled its crypto index plans on December 3 and one week later announced a stake in Lukka, the firm facilitating the product.