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Cboe Is Teaming With Virtu, Jane Street to Build Crypto Business

    

    

Photographer: Tiffany Hagler-Geard/Bloomberg
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Cboe Global Markets Inc. is partnering with financial firms including market makers DRW, Jane Street and Virtu Financial Inc. as it builds out its crypto business.

The Chicago-based exchange operator said it’s in “advanced discussions” with potential equity partners including B2C2, Hidden Road, Interactive Brokers Group Inc. and Jump Crypto, according to a statement Thursday. Terms of the equity partnership, which is expected to be finalized in coming weeks, weren’t disclosed.