CLEARING OPERATION (Tables)

9 Months Ended

Sep. 30, 2024

Valuation of digital assets- safeguarded assets and safeguarded liabilities

The following depicts the Company's valuation of digital assets - safeguarded assets and safeguarded liabilities as of December 31, 2023:


	December 31, 2023
Digital Asset	Number of Units	Valuation per Unit		Fair Value (in millions)
Bitcoin ("BTC")	821	$	42492	$	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

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

The details of margin deposits, clearing funds, and interoperability funds as of September 30, 2024 and December 31, 2023, are as follows (in millions):


	September 30, 2024
	Margin Deposits		Clearing Funds		Interoperability Funds		Total
Cboe Clear Europe central bank account	$	1,262.2	$	186.8	$	241.7	$	1,690.7
Cboe Clear Europe reverse repurchase and other	63.8		—		279.0		342.8
Cboe Clear Digital customer bank deposits	5.5		—		—		5.5
Total cash margin deposits, clearing funds, and interoperability funds	$	1,331.5	$	186.8	$	520.7	$	2,039.0


	September 30, 2024
	Margin Deposits		Clearing Funds		Interoperability Funds		Total
Cboe Clear Europe non-cash contributions (1)	$	621.8	$	80.2	$	278.9	$	980.9


	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

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(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.