CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm
A goodwill impairment from ErisX significantly hurt the company's GAAP earnings, but otherwise, business results improved from last year.
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Cboe Acquiring Erisx to Enter Cryptocurrency Spot and Derivatives Markets
Cboe is acquiring Erisx to enter the crypto spot and derivatives markets. “With Erisx, in a single step, Cboe is able to enter the digital asset spot, data, derivatives, and…