MIAX completes acquisition of FTX subsidiary LedgerX

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project – Bitcoin NewsFTX co-founders are being sued by FTX’s current management over a failed FTX Stocks project deal and acquisition.
Source: BTCTN - 🏆 531. / 51 Read more »

FTX seeks to claw back over $240 million from Embed acquisitionBankrupt crypto exchange FTX is seeking to claw back more than $240 million it paid for stock trading platform Embed, saying former FTX insiders did no investigation before buying the essentially worthless bug-ridden software platform.
Source: Reuters - 🏆 2. / 97 Read more »