Three-year-old startup ErisX has won approval from the U.S. Commodity Futures Trading Commission (CFTC) to expand its clearinghouse platform from dealing only in cryptocurrency futures to handling all futures. The company, born of the cryptocurrency age, offers a blockchain-enabled electronics futures trading system. The patent for this technology was filed in 2019 and does not specify the types of futures that the system can handle, indicating the startup was already considering expanding beyond crypto futures while still maintaining IP protection of its initial platform.
ErisX only has one patent for its technology, but you can view more financial patents and applications on the Magic Number® Cryptocurrency Patent Radian®.
