This SEF transfer approval marks an important milestone in Tassat’s plan to launch its cryptocurrency derivatives exchange and list its first contract
NEW YORK, Nov 11 (Bernama-BUSINESS WIRE) — Tassat Group LLC, a global provider of financial technologies and products for the traditional and digital asset markets announced today that the CFTC has approved its acquisition of a Swap Execution Facility (“SEF”) registration.
With this transfer approval, Tassat will move forward with plans to list its first cryptocurrency derivative product, an institutional-focused, margined, physically-deliverable Bitcoin swap. This derivative contract will be listed on its own SEF registered as Tassat Derivatives LLC, a wholly owned subsidiary of Tassat Group LLC.
