The Toronto Futures Options Swaps Exchange, tFOSE is currently <a href="https://bravenewcoin.com/insights/canadian-exchange-tfose-to-offer-crypto-derivatives" target="_blank" rel="nofollow noopener">looking</a> for regulatory approval in Canada in order to offer crypto derivatives. Through this approval, the clients of the firm will be able to trade the cash-settled crypto derivatives. 

Along with this, it has also been revealed that Brave New Coin (BNC) will be becoming a crypto index builder for tFOSE. The firm is expecting to begin the trading of crypto options by the starting of next year, 2021.
<h2>tFOSE aims to help traders in diversifying their portfolios </h2>
tFOSE has earlier said that their main aim is to help the traders in diversifying their portfolios along with getting the proper exposure. Through this, the traders will also have access to a completely regulated asset class even without holding the underlying cryptocurrency. 

Fran Strajnar, CEO and founder of BNC has said that the complete crypto ecosystem is growing along with the huge demand of regulated products. He has also said that through this partnership with tFOSE, the firm will gain more popularity as a provider of verified data, crypto indices and many other things in the crypto space.
<h2>Unlocking new global markets</h2>
James Beattie, the CEO of tFOSE has said that the firm is aiming to completely grow the derivative market solutions. Along with this, it will also work towards unlocking the new global markets. The selection of BNC as a crypto index builder has been made through complete research of providers which are available in the market. This is not the only firm for which BNC will be working as it is already under a partnership with a lot of different firms. The firm provides the crypto index solutions for the firms like NASDAQ, Amazon Alexa and many others. Through this partnership, both the firms are aiming towards a better future altogether.

Articles You May Read.
<ul>
 	<li><a href="https://blog.cryptoknowmics.com/how-to-choose-cryptocurrency-wallet/">How to choose a cryptocurrency wallet?</a></li>
 	<li><a href="https://www.cryptoknowmics.com/news/strong-reasons-to-buy-bitcoins/">Strong Reasons to Buy Bitcoins</a></li>
 	<li><a href="https://cashbackjazz.com/blog/is-bitcoin-rush-a-legitimate-investment/">Is Bitcoin Rush A Legitimate Investment?</a></li>
</ul>

tFOSE Seeks Regulatory Approval in Canada to Offer Crypto Derivatives

The Toronto Futures Options Swaps Exchange, tFOSE is currently looking for regulatory approval in Canada in order to offer crypto derivatives.

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

tFOSE Seeks Regulatory Approval in Canada to Offer Crypto Derivatives

Top Picks