Miami International Holdings (MIH), owner of the Miami International Securities Exchange, entered a pact with blockchain data firm Lukka to launch crypto derivatives.

• The deal gives MIH a multiyear license to use Lukka data for its crypto derivative products. The initial suite – including cash-settled bitcoin (BTC) and ether (ETH) futures and options – is expected to be listed on the MIH-owned Minneapolis Grain Exchange (MGEX) via CME's Globex trading platform.
• Subsequent products – naturally subject to regulatory approval – will include Bitcoin Volatility (BitVol) and Ether Volatility (EthVol) futures and options, said the company.
• "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," Thomas Gallagher, CEO of MIH said.

Source: Coindesk