# Professor Aswath Damodaran comments on CME Group's planned launch of a futures marketplace for bitcoin

1 Faculty News October 31, 2017 ![Chicago Tribune logo](/sites/default/files/styles/246w/public/assets/images/con_036769.gif?itok=8DjrVWuj)>

Excerpt from the [Chicago Tribune](http://www.chicagotribune.com/business/ct-biz-cne-bitcoin-futures-trading-20171031-story.html) -- "'It makes complete sense from the perspective of the pricing game. It’s a traders’ game right now,' said [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), finance professor at New York University’s Stern School of Business. 'It does absolutely nothing in advancing bitcoin’s cause as a digital currency.'"

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