Crypto Tech

Miami International Partners With Blockchain Firm Lukka to Launch Crypto Derivatives


Miami International Holdings Inc. (MIH) the parent company Miami International Securities Exchange which engages in selling and licensing and trading technology announced having entered into a strategic partnership with blockchain data firm Lukka to jointly develop and launch crypto derivatives.

The partnership deal gives MIH a multiyear license to use Lukka’s data for its crypto derivative products. The deal including cash-settled bitcoin (BTC) and ether (ETH) futures and options is expected to get listed on the MIH-owned Minneapolis Grain Exchange (MGEX) through the CME’s Globex trading platform.

The CEO of MIH, Thomas Gallagher, says subsequent products normally subject to regulatory approval will include Bitcoin Volatility (BitVol) and Ether Volatility (EthVol) futures and options.

Our strategic alliance with Lukka allows us to leverage its institutional-grade crypto data to develop proprietary products in the U.S. and international regulatory frameworks that meet the emerging needs of the crypto-asset ecosystem,” added the CEO.


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