Cboe plans to integrate its digital asset derivatives business into its existing global derivatives and clearing businesses

The Chicago Board Options Exchange (Cboe) announced that it plans to restructure its digital asset business in the third quarter of 2024. The plan is to fully transition and integrate its current digital asset derivatives provided by the Cboe Digital Division into its existing global derivatives and settlement business. In addition, Cboe will cease operations of its Cboe Digital Spot Market, which is the company's digital asset trading platform, in the third quarter of 2024.