Aug 22 (Reuters) - Miami International Holdings has

secured a $100 million investment from private equity firm

Warburg Pincus, the owner of Miami International Securities

Exchange (MIAX) said on Thursday.

The announcement comes days after Miami International

launched MIAX Sapphire, its fourth national securities exchange

for trading U.S. options.

The investment will fund the construction of a physical

trading floor in Miami, Florida, for MIAX Sapphire electronic

exchange, among other uses.

MIAX Sapphire will be the first national securities exchange

to establish operations in Miami, the company said. The trading

floor is scheduled to go live in 2025.

Options are listed derivatives that give the holder the

right to buy or sell an asset, such as a stock or

exchange-traded product, at a predetermined price by a set date.

The investment will also provide Miami International

additional funding to pursue acquisitions and support the

expansion of its agricultural and financial futures businesses.

"Our investment provides capital at a pivotal moment for

MIAX," said Warburg Pincus managing director Lee Becker, who

will join Miami International's board as part of the investment.

Warburg Pincus may increase its investment, subject to

conditions, Miami International said.

Miami International owns four options exchange including the

MIAX Pearl. It also runs the Bermuda Stock Exchange and the

Minneapolis Grain Exchange.

Piper Sandler is the financial adviser to Miami

International while Broadhaven Capital Partners advised Warburg

Pincus.

(Reporting by Arasu Kannagi Basil in Bengaluru)