Cboe, S&P DJI eye tokenized options in next phase of derivatives deal
Cboe Global Markets and S&P Dow Jones Indices extended their exclusive S&P 500 options licensing agreement for 25 years, keeping the arrangement in place through 2051. The renewed setup also leaves room for tokenized options to be explored as a possible product area, while the exclusive SPX options rights remain with Cboe.
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Cboe’s exclusive SPX options setup now remains visible to traders, index users, and counterparties as a longer-dated arrangement that runs through 2051. That matters tomorrow morning because the same pair still controls the licensing framework around S&P 500 Index options while tokenized options are only named as a possible next step.
In practice, the change is that the companies have kept the existing exclusivity in place while also leaving room to discuss products beyond traditional index derivatives. What stays the same is that no tokenized options product, and no launch date for one, has been set out. (per tokenpost.com)
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