Cboe Extends S&P 500 Options License Through 2051, Eyes Tokenized Options

According to BlockchainReporter, Cboe Global Markets and S&P Dow Jones Indices have signed a 25-year extension of their exclusive licensing agreement. Announced on September 29, the deal maintains Cboe's exclusive rights to offer S&P 500 Index options through 2051. The partnership, which began in 1983, allows Cboe to continue trading its flagship S&P 500 Index options while creating room to explore tokenized options contracts. Neither company disclosed a specific tokenized options product or a launch date for tokenization. Cboe chief executive Craig Donohue stated that the extension provides a significant runway to pursue the next frontier of innovation. S&P DJI chief executive Catherine Clay noted that investor demand for U.S. equity exposure continues to accelerate, with the firms aiming to provide benchmark access in formats suited to investor needs. The exploration of tokenization also aligns with Cboe's growing crypto footprint, as its BZX exchange seeks approval to list a spot SUI ETF.