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$27 million Blockchain News Crypto ErisX Exchange Fidelity Nasdaq secures Wall Street

Wall Street Crypto Exchange ErisX Secures $27 Million From NASDAQ and Fidelity




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Two of the most popular financial industry giants Nasdaq and Fidelity are in today’s crypto news for diving deeper in the crypto space and investing $27.5 million in the Wall Street crypto exchange ErisX.

ErisX is a Chicago-based exchange that announced today that they managed to secure $27.5 million in funding from a group of investors led by Nasdaq Ventures and Fidelity Investments. The names and size of the other investors were not disclosed.

The CEO of ErisX Thomas Chippas said:

 “With increasing financial support from leading-edge firms, ErisX stands to provide the most robust, secure and regulated digital asset offering available to both institutional and individual participants. Closing this second round of funding enables us to continue building our modern platform and expand our team.”

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However, other crypto industry companies appeared among the investors including the popular ConsenSys and the mining giant Bitmain.

According to the official website of the exchange, ErisX will provide crypto trading and futures contracts mostly supporting bitcoin, ethereum, litecoin, and bitcoin cash. The company is planning to offer futures and other products in late 2019 after obtaining an approval from the CFTC to operate as a Derivatives Clearing Organization.

In the future, ErisX plans to get a license from all 50 US states that will allow users to trade on the exchange with fiat currency.

This is not the first time ErisX raising funds. Previously, the company managed to raise funds from retail brokers, CBOE exchange, TD Ameritrade and many more.  Both of the companies that are now funding the exchange are also preparing to deliver specific crypto products in 2019.



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