Cboe Global Markets announced a 25-year extension of its exclusive licensing agreement with S&P Dow Jones Indices, now running until 2051. Under the agreement, Cboe will retain exclusive rights to offer trading in its flagship S&P 500 Index (SPX) options. The two companies will also explore new products beyond traditional index derivatives, including tokenized options contracts. SPX options reached a record 970.6 million contracts in 2023, with an average daily volume of 3.9 million contracts, a 25% increase year-over-year. Specific tokenized options products or a launch timeline have not yet been announced.