Cboe Digital was established following the acquisition of ErisX (Eris Exchange) by Cboe Global Markets in 2022. The company's mission is to bring the trusted standards and frameworks of traditional financial markets to the digital asset space. It operates as a fully regulated exchange and clearinghouse in the U.S., offering a single, unified platform for both spot and leveraged derivatives trading in cryptocurrencies. By combining Cboe's expertise in operating global markets with a crypto-native infrastructure, Cboe Digital aims to provide a transparent, secure, and compliant trading environment for both institutional and retail participants.