Anchorage Digital has submitted its swap dealer registration application through the NFA, seeking CFTC oversight for its institutional options business.

Demand from public companies holding Bitcoin (BTC) and Ethereum (ETH) has helped drive growth in its existing options business.

“Swap dealer registration will allow us to meet them there,” Anchorage Digital Chief Executive Officer and Co-Founder Nathan McCauley said in a statement.

If approved, Anchorage Digital Swap Dealer, LLC plans to offer European-style options on Bitcoin and Ether, with maturities reaching one year.

The company may introduce additional products later, subject to regulatory requirements and internal approval processes.

Swap dealer registration would place its…