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Cboe and S&P Dow Jones Indices said they are exploring cooperation on new products, including tokenized options, as they agreed to extend their exclusive licensing deal for S&P 500 index options by 25 years through 2051.
The two companies said on Sept. 29 that the extended agreement could support collaboration beyond existing index derivatives and into new product development. Under the extension, Cboe will retain exclusive rights to offer trading in S&P 500 index options.