ErisX says it will offer investors the ability to trade the cryptocurrencies bitcoin, litecoin and ether on spot and futures markets starting next year, subject to regulatory approval.
Nasdaq and Fidelity confirmed they invested in ErisX, but declined to comment further. Fidelity said this was a corporate investment and not related to its mutual funds.
The investments will be used to hire staff and "build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets," ErisX Chief Executive Officer Thomas Chippas said in a statement.
The Chicago-based company closed on a first round of investment in October, which included funding from retail brokerage TD Ameritrade Holding Corp, private equity firm Valor Equity Partners and Cboe Global Markets Inc.
(Reporting by Elizabeth Dilts; Editing by Frances Kerry)
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