The United States Chamber of Digital Commerce acquired Cryptocurrency Exchange ErisX.
According to the press release, ErisX has become a member of the Chamber of Digital Commerce, a well-known trade association which advocates the digital asset and blockchain technology industry.
Perianne Boring, who is the Founder and President of the Chamber of Digital Commerce, stated in a press release, “We look forward to bringing ErisX’s experience as a regulated market to the Chamber and to their participation in our efforts to educate policymakers as well as advocate for digital assets and blockchain technology.”
ErisX is joining the Chamber’s evolving list of members that consists of some of the world’s leading innovators, operators, and investors. Some of the remarkable members of the community are Accenture, BNY Mellon, Overstock.com’s Medici Ventures, enterprise blockchain consortium R3, Stablecoin platform TrustToken, IBM, Microsoft, PwC, etc. ErisX CEO, Thomas Chippas said:
“The Chamber of Digital Commerce and its member initiatives are very much aligned with our objective to improve the digital asset trading and investing landscape. We are pleased they recognize our dedication to help bring mainstream adoption and accessibility to this space through an intermediary-friendly model and unified platform for spot and regulated futures.”
The latest news comes just after ErisX obtained derivatives clearing organization (DCO) license from the United States Community Futures Trading Commission. Eris is seemingly planning to authorize the crypto exchange to make digital asset futures contract accessible for trade on its regulated derivatives market which is expected to launch this year through its new DCO.
Previously in 2018, the Chamber of Digital Commerce encourage the U.S Government to apply a national action plan on the blockchain technology. The community considers that the blockchain provides a “myriad of transformational benefits” for businesses, governments, and consumers. The group also believes that, as a dominant nation in tech, the U.S has to embrace a national approach for decentralized exchanges.
ErisX provides institutions and individuals with a single, innovative platform to check digital asset spot and futures trading. By mixing professional tools, advanced technology, refined regulatory oversight, and a varied product set, ErisX provides flexible, capital markets friendly workflows for digital market participants.