Digital assets exchange startup ErisX today said it has raised $27.5 million in new funding to assist it in pioneering a single platform for digital asset spot and regulated futures contracts.

The Series B round included new investors Bitmain, ConsenSys, Fidelity Investments, Nasdaq Ventures and Monex Group, with participation from previous investors CTC Group Investments, Digital Currency Group, DRW Venture Capital, Pantera Capital and Valor Equity Partners.

ErisX was last in the news in October when brokerage firm TD Ameritrade Holding Corp. made an undisclosed direct investment. Originally founded as Eris Exchange in 2010, the company shifted its focus in 2017 to establish a regulated derivatives exchange and clearing organization that will include digital asset futures and spot contracts in one platform.

ErisX applied for a license to operate as a derivatives clearing organization with the U.S. Commodity Futures Trading Commission last year and currently plans to launch spot contracts and futures contracts in the second quarter of 2019. The company has obtained registration with the CTFC as a regulated futures exchange but is still waiting for registration to operate as a clearing organization.

Despite the recent turmoil in cryptocurrency markets, ErisX said that it plans to offer support for bitcoin, Bitcoin Cash, Ethereum and Litecoin with “trading, deposits and withdrawals on a stable capital markets technology infrastructure.”

“With increasing financial support from leading-edge firms, ErisX stands to provide the most robust, secure and regulated digital asset offering available to both institutional and individual participants,” Chief Executive Officer Thomas Chippas said in a statement. “Closing this second round of funding enables us to continue building our modern platform and expand our team.”

Image: ErisX