As the world of cryptocurrencies becomes more popular and has more use cases, entities show greater interest in digital assets, so the London Stock Exchange Group opted to include futures and the Bitcoin option in its functions.
LSEG's partner is Global Futures and Options, making it the first UK regulated trade in this regard.
In this way, these two entities intend to make the world of derivatives in digital assets more reliable, making cryptocurrencies closer to more conventional finance.
In the press release that was published on April 13, they say this:
“GFO-X is taking the first steps to take advantage of new technologies within a traditional market structure, with the goal of eventually offering 24/7 trading to global regulated digital asset markets.