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The company CBOE Global Markets announced this December 1st that they sent a request before the Commission of Trade of Futures on Goods (CFTC) of the United States of America, to offer the commercialization of Bitcoin futures through the exchange house that they manage .

The announcement was given today through the official twitter account of the company:

The futures will be contracts settled in cash that will use Bitcoin under the name XBT and may be exchanged for other currencies. Its price will be based on the dollar auction value of the Gemini Trust Company, LLC, the first exchange house licensed for the country's bitcoin and ether commercialization. In addition, they are operating as a trusted company regulated by the Department of Financial Services of the State of New York.

Although the approval of these contracts is subject to the decision of the regulatory bodies, XBT futures have been available for testing among some participants since November 13 of this year. The holders of trade privileges already existing on the CBOE platform will also be able to trade Bitcoin futures through their connections.

The XBT futures market data will be available through the CBOE platform. The cryptoactives will be interchangeable at a single defined auction price. According to the press release, the determination of a single price facilitates the purchasing strategies of those interested by sharing Bitcoin prices openly.

CBOE Global Markets, Inc. is one of the largest exchange houses in the world, offering investment and trade investment solutions around the globe. CBOE offers a wide variety of financial products, and now with the addition of Bitcoin to its assets, they expect to have great growth under their belt, which also includes exchange products (ETPs). They are headquartered in Chicago and have operations in Kansas City, New York, London, San Francisco, Singapore, Hong Kong and Quito.

The first announcement of the alliance between the Chicago Board Options Exchange (CBOE) and the Gemini Trust company occurred at the beginning of August when they announced a collaboration for the launch of Bitcoin-based financial products. This alliance is reminiscent of the one between LedgerX and Miami International Holdings, which also foresees the launch of some financial products based on cryptoactives.

Although these are very important companies, they are not the only ones to participate in the sale of these assets. In November the Bank of Switzerland announced the incorporation of Bitcoin futures to the country's stock market. Also the pioneer company in this area, CME, confirmed the sale of Bitcoin futures this November 18.