FTX’s LedgerX Attracts Interest From Blockchain.com, Gemini

FTX’s digital currency futures and clearinghouse LedgerX is up for sale and has attracted interest from crypto firms including Blockchain.com, Gemini, Bitpanda and Kalshi, Bloomberg reported on Friday, citing people familiar with the matter.
FTX's LedgerX Attracts Interest From Blockchain.com, Gemini

The insiders told Bloomberg that there may be more than a dozen more prospective purchasers for the cryptocurrency derivatives exchange, and they added that some of the interested firms have signed non-disclosure agreements.

In the highest-profile crypto meltdown to date, cryptocurrency trading site FTX filed for bankruptcy protection in the US on November 11 after users withdrew billions from the platform in just three days and rival exchange Binance abandoned a rescue plan.

In the bankruptcy proceedings, there was no mention of LedgerX. In order to grow into trading cryptocurrency futures and options, FTX US purchased it last year.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

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Annie

Coincu News

FTX’s LedgerX Attracts Interest From Blockchain.com, Gemini

FTX’s digital currency futures and clearinghouse LedgerX is up for sale and has attracted interest from crypto firms including Blockchain.com, Gemini, Bitpanda and Kalshi, Bloomberg reported on Friday, citing people familiar with the matter.
FTX's LedgerX Attracts Interest From Blockchain.com, Gemini

The insiders told Bloomberg that there may be more than a dozen more prospective purchasers for the cryptocurrency derivatives exchange, and they added that some of the interested firms have signed non-disclosure agreements.

In the highest-profile crypto meltdown to date, cryptocurrency trading site FTX filed for bankruptcy protection in the US on November 11 after users withdrew billions from the platform in just three days and rival exchange Binance abandoned a rescue plan.

In the bankruptcy proceedings, there was no mention of LedgerX. In order to grow into trading cryptocurrency futures and options, FTX US purchased it last year.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News

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