FTX US to Launch Crypto Derivatives After LedgerX Acquisition

FTX Exchange gID 1 zUC3t5

FTX’s U.S.-based crypto exchange announced today that it would acquire LedgerX, a crypto derivatives trading platform regulated by the Commodity Futures Trading Commission (CFTC).
The terms of the deal, which are expected to be completed by October 2021, have not been disclosed, and it will have no impact on LedgerX’s operations as the exchange will continue to provide its current offerings to the existing customer base.
Provided the acquisition is closed, FTX.US will have the ability to offer Bitcoin and Ethereum options and futures contracts for retail and institutional traders, leveraging LedgerX’s relationships with the CTFC.
Many of the financial products offered by FTX, including derivatives, currently are not available to U.S. investors.
“This is probably one of the most exciting announcements we’ve ever had,” Bankman-Fried, the founder and CEO of FTX, commented on the deal.

1) This is probably one of the most exciting announcements we’ve ever had.@ftx_us + @ledgerxhttp

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Źródło: https://decrypt.co/79860/ftx-us-launch-crypto-derivatives-after-ledgerx-acquisition

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