Anchorage Digital Plans to Launch BTC and ETH Options, Has Applied to Register as CFTC Swap Dealer

Odaily reports: Institutional crypto platform Anchorage Digital has submitted a swap dealer registration application to the U.S. National Futures Association (NFA) through its entity Anchorage Digital Swap Dealer, LLC, and is currently awaiting review. If approved, the entity plans to offer European-style options on Bitcoin and Ethereum with maturities of up to one year, and will subsequently expand its product offerings subject to internal approvals and regulatory requirements.

Nathan McCauley, co-founder and CEO of Anchorage Digital, stated that the move aims to meet growing institutional demand for regulated digital asset derivatives trading channels. Once registration is complete, institutional clients will be able to trade digital asset derivatives with counterparties regulated by the U.S. Commodity Futures Trading Commission (CFTC), and utilize Anchorage Digital's existing services such as custody. (The Block)