Cryptocurrencies
Chicago Wants to Be a Trading Hub for Crypto
- Exchange Coinbase recently announced expansion in Chicago
- City is home to traders, exchanges offering bitcoin futures
Photographer: Scott Olson/Getty Images
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Chicago, long home to traders of everything from stock options to soybean futures, is increasingly adding cryptocurrencies to its domain.
More companies involved in the crypto world are likely to open offices in Chicago to capitalize on the growing trading market, said Peter Johnson, vice president of Jump Capital, a venture capital firm affiliated with Jump Trading. Johnson cited the recent announcement by Coinbase, a cryptocurrency exchange, that it’s expanding in the Windy City.