Cryptocurrency Exchange called ErisX receives $27.5 Million From such ventures as Fidelity, Nasdaq Ventures and Others

According to the Reuters report, ErisX cryptocurrency exchange has recently received over $27 million from such ventures as Nasdaq and Fidelity Investments. Nasdaq takes the second place in the world by the size of the stock exchange. At the same time, Fidelity is an American firm that deals with investment and the assets of its […]

By - December 8, 2018
Nasdaq ErisX

According to the Reuters report, ErisX cryptocurrency exchange has recently received over $27 million from such ventures as Nasdaq and Fidelity Investments.

Nasdaq takes the second place in the world by the size of the stock exchange. At the same time, Fidelity is an American firm that deals with investment and the assets of its clients are estimated at $7.2 trillion.

Reuters explains that ErisX is planning to spot trade in three basic crypto coins such as HTC, ETH and LTC. It plans to future the exchange market the next year already and has applied for a governmental approval.

There is information that Nasdaq made a confirmation about contributing some money to this project but no exact sum was mentioned. Any information from Fidelity is absent.

At the same time, CEO of the exchange platform Thomas Chippas explained why this money is needed. He told about a necessity to find new employees, improving the company infrastructure and security level to be able to trade digital assets on the regulated market.

Two months ago, ErisX experienced another impressive investment from several companies. People say about 5 big companies, private equities and firms that have participated there.

According to Bloomberg, ErisX support could be also spread on BCH, but there are no details about this fact in other sources.

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