I've been doing some research on cryptocurrency exchanges and derivatives trading platforms, and I came across LedgerX. I understand that it's a popular platform for trading
Bitcoin options and futures, but I'm a bit confused about its ownership. Could you clarify if LedgerX is owned by FTX, or are they separate entities? I'm trying to get a better understanding of the industry and the relationships between different players.
7 answers
QuasarGlider
Tue Sep 10 2024
FTX US Derivatives is a product offering that emerged from a strategic acquisition made by FTX US in October 2021.
CosmicWave
Tue Sep 10 2024
Prior to the acquisition, LedgerX was an established player in the cryptocurrency derivatives market, known for its innovative products and services.
Elena
Tue Sep 10 2024
The integration of LedgerX into FTX US's ecosystem marked a significant milestone in the company's expansion plans within the U.S. market.
Martina
Mon Sep 09 2024
By acquiring LedgerX and renaming it to FTX US Derivatives, FTX US solidified its position as a leading player in the cryptocurrency derivatives space.
SejongWisdomKeeperEliteMind
Mon Sep 09 2024
The acquisition allowed FTX US to offer a wider range of derivative products to its customers, including futures, options, and swaps.