Nyse-owner Ice To Form New Company For Digital Assets

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Nyse-owner Ice To Form New Company For Digital Assets

– Intercontinental Exchange Inc, the owner of the New York Stock Exchange, said on Friday it plans to form a company and trading platform for digital assets, such as bitcoin, as well as a physically delivered bitcoin futures contract.

The exchange and clearinghouse operator said the new trading platform would use Microsoft Corp’s cloud solutions to create an open and regulated, global ecosystem for the around $270 billion digital asset marketplace.

ICE did not give a launch date for the company, called Bakkt, and said further details would be announced in the coming weeks.

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