Cybersecurity

NYSE Owner ICE Is Said to Be Working on Bitcoin Trading Platform

  • Exchange operator is said to discuss project with other firms
  • Effort comes as Goldman Sachs prepares a new trading business

The New York Stock Exchange is reflected in a street vendor's mirror in New York.

Photographer: Michael Nagle/Bloomberg
Lock
This article is for subscribers only.

Intercontinental Exchange Inc., the owner of New York Stock Exchange, has been working on a trading platform that would let investors bet on Bitcoin, according to two people with knowledge of the project.

ICE has held talks with other financial firms about the project, which is still in development, the people said, asking not to be identified because the conversations are confidential. The project could ultimately be aborted. A spokesman for the company declined to comment.