|Headquarters||New York City, New York|
|Key People||Thomas Kim, CEO; Sunil Hirani, Founder; Kevin Lupowitz, CIO and COO: Michel Finzi, Chief Commercial Officer; Thomas D'Eletto|
|Products||Swap execution facility Financial technology using blockchain solutions; OTC reference rates for bitcoin and Ether|
Tassat was previously known as trueDigital.
Tassat said that it plans to use its SEF license to trade bitcoin swaps.
Tassat received a no-action letter in September 2020 that allowed it to operate the SEF while it renewed its SEF registration which the U.S. Commodity Futures Trading Commission had determined was dormant as of August 1, 2020. As of February 22, 2021, it had not begun operations.
- Order of Transfer of Swap Execution Facility Registration. Commodity Futures Trading Commission.
- Another crypto derivatives exchange wins CFTC nod to offer physically-settled bitcoin swaps. The Block Crypto.
- Tassat Gains CFTC ‘No-Action’ Relief Ahead of Eventual Bitcoin Swaps Contract Listing. CoinDesk.