Is FTX acquiring ledgerx?

Follow @crypto Twitter for the latest news. FTX.US has agreed to acquire LedgerX for an undisclosed sum, a move that’s set to expand the crypto exchange’s product offerings to futures and options trading in the U.S. The majority of global crypto volume trades through derivatives, though most of that occurs on venues outside the U.S.

Is FTX regulated?

U.S. investors are prohibited from accessing FTX and must conduct transactions though FTX.US, which is overseen by American regulators. LedgerX is a U.S.-regulated crypto derivatives exchange and clearinghouse that offers around-the-clock trading to both institutional and retail investors.

What is FTX US derivatives?

Regulated futures exchange LedgerX will now be known as FTX US Derivatives, FTX.US said Monday. The deal’s close follows the launch of a non-fungible token (NFT) marketplace earlier this month. The U.S. exchange’s parent company announced last week a meme-friendly raise of $420 million from 69 investors.

Does FTX have a logo?

FTX logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo May 4 (Reuters) - Bankrupt crypto exchange FTX received U.S. bankruptcy court permission on Thursday to sell its LedgerX business for $50 million, raising additional funds to repay creditors.