STAMFORD, Conn.--(BUSINESS WIRE)--TradeBlock, the world's leading provider of digital currency over-the-counter (OTC) trading tools, has strengthened its existing relationship with ErisX, a Cboe Global Markets Company, by providing institutional investors access to U.S. based crypto spot, to offer cash settled OTC trades using the ErisX settlement service. Accessed via the TradeBlock platform, the ErisX clearing functionality helps mitigate settlement risk that is prevalent in OTC transactions.
TradeBlock is a New York-based institutional trading platform that offers market analytics, order management, trade execution and related solutions for bitcoin traders.