Cboe Global Markets’ Acquisition of Eris Digital Holdings

Sidley advised Cboe Global Markets on the deal while Katten Muchin Rosenman represented Eris Digital Holdings, LLC (ErisX).

Cboe Global Markets, Inc. announced its acquisition of Eris Digital Holdings, LLC (ErisX). Cboe is a leading provider of global market infrastructure and tradable products, and ErisX operates a U.S.-based digital asset spot market, a regulated futures exchange, and a regulated clearing house. Ownership of ErisX will allow Cboe to enter the digital asset spot and derivatives marketplaces through a digital-first platform developed with industry partners to focus on robust regulatory compliance, data, and transparency.

The Sidley team is being led by Pran Jha (M&A, Picture), and includes Danielle Haikal, Jorene Ooi, and Cameron Woolley (M&A), Lilya Tessler and Andrew Sioson (Fintech/Blockchain), Kate Lashley (Securities Enforcement and Regulatory), Neil Horner and Diana Duan (Global Finance), Joel Feinberg and Matthew Katz (Banking and Financial Services), Katharine Funkhouser and Scott Pollock (Tax), Matthew Johnson, Christian Pilhofer, and Li Wang (Employee Benefits and Executive Compensation), Anna Remis and Grace Walton (Technology and IP Transactions), Clayton Northouse (Privacy and Cybersecurity), Azad Assadipour (Investment Funds), and Liz McCloy (Real Estate).

Financial Markets and Funds Department global chair Lance Zinman and Financial Transactions and Trading chair Christopher Shannon led the Katten team, which includes Financial Markets and Regulation chair Gary DeWaal, partner Daniel Davis and associate Jack West.

Involved fees earner: Daniel Davis – Katten Muchin Rosenman LLP; Gary DeWaal – Katten Muchin Rosenman LLP; Christopher Shannon – Katten Muchin Rosenman LLP; Lance Zinman – Katten Muchin Rosenman LLP; Azad Assadipour – Sidley Austin LLP; Diana Duan – Sidley Austin LLP; Joel Feinberg – Sidley Austin LLP; Katharine Funkhouser – Sidley Austin LLP; Danielle Haikal – Sidley Austin LLP; Neil Horner – Sidley Austin LLP; Pran Jha – Sidley Austin LLP; Matthew Johnson – Sidley Austin LLP; Matthew Katz – Sidley Austin LLP; Kate Lashley – Sidley Austin LLP; Clayton Northouse – Sidley Austin LLP; Jorene Ooi – Sidley Austin LLP; Christian Pilhofer – Sidley Austin LLP; Scott Pollock – Sidley Austin LLP; Anna Remis – Sidley Austin LLP; Andrew Sioson – Sidley Austin LLP; Lilya Tessler – Sidley Austin LLP; Grace Walton – Sidley Austin LLP; Li Wang – Sidley Austin LLP; Cameron Woolley – Sidley Austin LLP;

Law Firms: Katten Muchin Rosenman LLP; Sidley Austin LLP;

Clients: Cboe Global Markets ; Eris Digital Holdings, LLC (ErisX);

Author: Martina Bellini