MIAX completes acquisition of FTX subsidiary LedgerX

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LedgerX is now officially no longer part of FTX after a $50 million sale to MIAX.

The Miami International Securities Exchange , owned by Miami International Holdings, has completed the acquisition of LedgerX, which was one of the FTX assets court-approved for sale in January. LedgerX is an exchange and clearinghouse regulated by the United States Commodity Futures Trading Commission .

The acquisition of LedgerX was “an important part of our growth strategy, expanding our ability to offer new and innovative products to the swaps and futures industry," CEO of Miami International Holdings Thomas GallagherLeslie Lamb, the CEO of OPNX, the cryptocurrency exchange founded by Three Arrows Capital founders Kyle Davies and Su Zhu and Coinflex,

 

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The Miami International Securities Exchange (MIAX), owned by Miami International Holdings (MIH), has completed the acquisition of ledgerx , which was one of the FTX assets court-approved for sale in January.

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