Chicago-based cryptocurrency exchange EriX is reportedly about to launch its spot trading service, industry news outlet The Block reports on April 24. One of those firms is reportedly United States retail brokerage TD Ameritrade, which announced that it invested in ErisX in October of last year. The platform reportedly aims to host spot crypto and crypto derivative trading later this year after obtaining regulatory approval.
According to The Block, TD Ameritrade could soon offer crypto trading to 11 million retail clients. The Block claims that if TD Ameritrade links to ErisX, it would be among the first major brokers to offer cryptocurrency trading, following Robinhood.
As Cointelegraph reported earlier this week, Twitter personality Cryptopolis, a quantitative analyst at StrongMarket, tweeted that he bought one bitcoin through an account on retail brokerage firm TD Ameritrade on Nasdaq. Although he later noted that the trade had not gone through, he still alleged that Nasdaq is quietly testing a new bitcoin-based asset that is available only through their Paper Trading platform.