Anchorage Digital Files for CFTC Swap Dealer Registration

TechFlow reported on November 6 that, according to The Defiant, Anchorage Digital has applied for U.S. Commodity Futures Trading Commission (CFTC) swap dealer registration for its crypto options business. The application was submitted to the U.S. National Futures Association (NFA) by Anchorage Digital Swap Dealer, LLC.

Anchorage said its options business serving U.S. clients has exceeded the $8 billion threshold set by the CFTC. The NFA defines this threshold as the aggregate notional amount of swap transactions associated with dealer activity over the past 12 months.

The company has offered digital asset options to institutional clients and attributed part of its business growth to publicly listed companies holding Bitcoin and Ethereum, as well as asset managers and funds using options to manage related exposures.

Source: TechFlow