Osaka Digital Exchange (ODX), the proprietary trading system (PTS) founded by SBI Holdings, announced that CBOE is a new major investor. Market makers Virtu and Optiver have also invested. In June last year, ODX started trading conventional securities and still plans to launch digital securities this year.
Existing ODX investors include Sumitomo Mitsui Financial Group (SMBC), Nomura and Daiwa Securities. Previously, SMBC had a 20% stake and Nomura and Daiwa 5% each. After the latest funding, SBI said it is still the majority shareholder.
The investment is unsurprising given that SBI and CBOE announced a collaboration last year. SBI’s crypto market making subsidiary B2C2 is also an investor in CBOE Digital, as is Virtu.
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