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CLEARING OPERATION (Tables) - Cboe Clear Digital

3 Months Ended

Mar. 31, 2024

Clearing Operations

Schedule of total margin deposits, clearing funds, and interoperability fund deposits

The details of margin deposits, clearing funds, and interoperability funds as of March 31, 2024 and December 31, 2023, are as follows (in millions):


		March 31, 2024
		Margin Deposits			Clearing Funds			Interoperability Funds			Total
Cboe Clear Europe central bank account		$	737.7		$	175.5		$	517.0		$	1,430.2
Cboe Clear Europe reverse repurchase and other			90.6			4.1			—			94.7
Cboe Clear Digital customer bank deposits			19.7			—			—			19.7
Total cash margin deposits, clearing funds, and interoperability funds		$	848.0		$	179.6		$	517.0		$	1,544.6

		March 31, 2024
		Margin Deposits			Clearing Funds			Interoperability Funds			Total
Cboe Clear Europe non-cash contributions (1)		$	738.9		$	62.4		$	292.8		$	1,094.1


		December 31, 2023
		Margin Deposits			Clearing Funds			Interoperability Funds			Total
Cboe Clear Europe central bank account		$	361.3		$	140.1		$	271.0		$	772.4
Cboe Clear Europe reverse repurchase and other			2.7			4.1			55.6			62.4
Cboe Clear Digital customer bank deposits			14.0			—			—			14.0
Total cash margin deposits, clearing funds, and interoperability funds		$	378.0		$	144.2		$	326.6		$	848.8

		December 31, 2023
		Margin Deposits			Clearing Funds			Interoperability Funds			Total
Cboe Clear Europe non-cash contributions (1)		$	637.0		$	65.6		$	228.0		$	930.6

(1)	These amounts are not reflected in the condensed consolidated balance sheets, as Cboe Clear Europe does not have the ability to sell or repledge the amounts absent a clearing participant default.

Schedule of total digital assets - safeguarded assets and liabilities

The following depicts the Company’s valuation of digital assets – safeguarded assets and safeguarded liabilities as of March 31, 2024 and December 31, 2023:


			March 31, 2024
Digital Asset			Number of Units		Valuation per Unit			Fair Value (in millions)
Bitcoin ("BTC")			884		$	70,848		$	62.7
Ethereum ("ETH")			7,723			3,633			28.1
Litecoin ("LTC")			14,050			106			1.5
Bitcoin Cash ("BCH")			631			680			0.4
USD Coin ("USDC")			635,149			1			0.6
Total								$	93.3


			December 31, 2023
Digital Asset			Number of Units		Valuation per Unit			Fair Value (in millions)
Bitcoin ("BTC")			821		$	42,492		$	34.9
Ethereum ("ETH")			6,270			2,282			14.3
Litecoin ("LTC")			16,329			74			1.2
Bitcoin Cash ("BCH")			1,374			261			0.4
USD Coin ("USDC")			506,652			1			0.5
Total								$	51.3