FTX.US, the US affiliate of Hong Kong-based crypto exchange FTX has acquired the parent company behind crypto derivatives exchange LedgerX. The acquisition could see FTX.US bring regulated crypto derivative services to US customers. The funding details of the acquisition weren’t revealed by the company but the deal will reportedly close in October this year.
LedgerX, a CFTC approved crypto options and futures trading platform that settles physical contracts and has processed over 10 million crypto options and swap contracts, becoming a leading crypto derivative service provider. The recent acquisition by FTX.US whose parent company recently closed the highest crypto funding round in access of $900 million will look to create retail and institutional derivative products for the crypto market.
FTX.US president Brett Harrison said,
“It’s only natural to want to engage the largest capital market in the world inside the US with that same product through all of our existing institution
Źródło: https://coingape.com/breaking-ftx-us-acquires-cftc-approved-crypto-derivative-platform-ledgerx/
