Nasdaq Ventures and Fidelity Investments, a US-based financial services provider, have made investments in ErisX, a new cryptocurrency exchange. The amount reported is approx. $27.5 million.



Reportedly, the operations of the new cryptocurrency exchange ErisX is expected to begin next year if regulators approve. The exchange will allow traders and investors to do spot trading on cryptocurrencies such as bitcoins, litecoins, and ether. It will also provide access to a futures market.



Earlier, ErisX also raised funding of an undisclosed amount from three American companies namely TD Ameritrade Holding Corporation, Valor Equity Partners and Cboe Global Markets Inc. The company has stated that it will utilze the latest investment from Nasdaq and Fidelity to create a more secure environment for digital assets.

