EirsX, the cryptocurrency derivatives provider owned by Cboe Global Markets (BATS:CBOE), has introduced an offering Wednesday to help remove settlement risk for over-the-counter cryptocurrency transactions.The ErisX Settlement Service allows institutional investors to settle OTC trades using a U.S.-licensed crypto spot market.Users can access the new solution via standardized API or ErisX's fully integrated Trading User Interface, the company said."Our newly launched ErisX Settlement Service responds to customer demand for a solution that helps remove settlement risk while also reducing the operational burden for OTC trading," said ErisX Chief Operating Officer Matthew Trudeau.Previously, (Aug. 25) Cboe Digital to get investments from Robinhood, Interactive Brokers, Virtu.
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