Riot Blockchain Says It May Launch US Cryptocurrency Exchange

Former biotech company Riot Blockchain has announced that it may launch a cryptocurrency exchange and futures brokerage platform. In a public filing dated March 27, the former biotech firm said that it “intends to investigate launching a digital currency exchange and a futures brokerage operation” in the US.

Toward this end, Riot Blockchain acquired Logical Brokerage Corp., a Miami-based futures broker that is registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA), an industry trade group.

Known as Bioptix Inc. until last October, Riot Blockchain was among the first of a litany of little-known firms to gain widespread notoriety by making unexpected — and often dubious — pivots into the burgeoning cryptocurrency and blockchain ecosystem during last year’s dramatic fourth-quarter rally.


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