TD Ameritrade said Wednesday it had made an investment in ErisX, a new regulated derivatives exchange for trading cryptocurrency and futures.

Clients of the TD Ameritrade Holding Corp. AMTD, -0.18% can already trade bitcoin futures, but today’s announcement opens up the possibility of further cryptocurrency related product offerings.

“Our retail clients are seeking to access and trade digital currency products in the same way they do with traditional capital markets—through a legitimate, regulated and transparent exchange,” said Steve Quirk, executive vice president of Trading & Education at TD Ameritrade in a news release. “That’s precisely why we chose to invest in ErisX—to make digital currency products more accessible to retail clients.”

Read:TD Ameritrade to open trading on bitcoin futures

The move comes as the digital-asset market grapples with universal acceptance. Exchange hacks and excess volatility continue to undermine the integrity of the market and despite the introduction of bitcoin BTCUSD, +4.58% futures trading on both the Cboe Global Markets Inc. CBOE, +0.78% and CME Group Inc. CME, +1.47% exchanges in December 2017, volumes have disappointed.

Furthermore, large banks have been balking at the idea of furthering their crypto offerings in the nascent asset as regulators wrestle with how best to navigate the industry.

Don Wilson, who is backing the ErisX launch via holding firm DRW Holdings along with TD Ameritrade and others, hopes today’s announcement will curb some of the roadblocks to broader market adoption.

“ErisX will eliminate many of the impediments to institutional adoption and usher in a new wave of market participants,” said Wilson in a separate news release about the deal. “This further develops the digital asset space and brings more transparency to these evolving markets.”

Along with DRW Holdings, TD Ameritrade is joined by Cboe Global Markets Inc. CBOE, +0.78% and Digital Currency Group in backing the new exchange, according to ErisX.

Read:Bitcoin futures: Here’s what you need to know