FTX Announces A $50M Sale For LedgerX

The implosion of one of the top crypto exchanges, FTX, in 2022 created a crisis in the crypto industry. Many firms with exposure to the [...]

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FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company

The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale.

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CFTC’s Regulator Seeks Congress to Expand Powers Over Crypto Firms

The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators. And the authority to

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Monex Group Eyes Purchase of FTX Japanese Crypto Exchange Subsidiary: Report

Monex Group, a Japanese financial services company, is reportedly interested in purchasing the crypto exchange FTX Japanese subsidiary that is currently for sale, as stated by the CEO of the Tokyo-based brokerage. FTX’s Japanese unit is being sold off as part of the US bankruptcy process for the company. Forty-one potential buyers have shown interest, with 25 […]

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LedgerX, Other Assets Sold By Bankruptcy Court For FTX

According to FTX lawyer Andy Dietderich, FTX recovered $5 billion in cash and cryptocurrency. LedgerX, Embed, and FTX Japan and Europe are the assets. 117 parties indicated interest in buying FTX assets this week. (Read More)

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FTX units on auction block draw 117 interested buyers: Court filing

Four businesses up for sale as part of bankruptcy proceedings include Embed, LedgerX, FTX Japan and FTX Europe.

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FTX Wants to Sell Solvent Subsidiaries, Says It Already Received ‘Dozens’ of Inquiries

The solvent units include LedgerX, or FTX Derivatives, as well as FTX Japan, FTX Europe, and Embed Business.

Continue reading FTX Wants to Sell Solvent Subsidiaries, Says It Already Received ‘Dozens’ of Inquiries at DailyCoin.com.

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FTX Seeks Court Approval To Dispose 4 Businesses

In the annals of cryptocurrency history, 2022 will be remembered as the year of failures and bankruptcies. A number of well-known companies, including FTX, 3 Arrows Capital, Celsius, Terraform Labs, Voyager, and Vauld, as well as Genesis, and Alameda Research, have all bowed out. Investors had to face the weight of their breakdown, which shattered the entire crypto […]

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FTX Bankruptcy Procedures To Include $175 Million From LedgerX: Report

LedgerX, a solvent company owned by FTX Group (which is bankrupt now), is getting ready to offer $175 million available to be used in FTX’s bankruptcy procedures, a person with knowledge of the matter told Bloomberg. Bloomberg reported that the funds might be transferred by Wednesday. It will be paid for out of a $250 million fund […]

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Bitvo abandons FTX purchase

Bitvo's shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading. The firm emphasized that its operations have not been affected. Bitvo has never owned, listed or traded the FTX Token FTT or "any similar token". The FTX-owned crypto exchange Liquid suspended its fiat and crypto withdrawals on its Liquid Global platform. FTX acquired the Japanese exchange and its affiliates in February 2022. (Read More)

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XinFin’s XDC Blockchain Network — The New Ethereum Killer?

Reports say that the XDC Network, through community engagement, expanded upon its predecessor’s vision for a scalable, decentralized ecosystem. XDC ...

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FTX Token Hits All-Time High After Partnering With LedgerX

FTX US announced their recent partnership with LedgerX. This acquisition brought an all-time high price which reached more than 40%.

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FTX Makes Major Acquisition

Takeaways FTX acquires LedgerX, a regulated digital currency futures & options exchange and clearinghouse Aims to bring crypto Bitcoin and Ethereum futures and options to its U.S. customers A key step in bringing crypto in line with the regulatory regime LedgerX is part of the CFTC (Commodity Futures Trading Commission) LedgerX is the first US […]

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Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH

FTT price soared to a new all-time high after FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships.

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FTX.US Exchange Acquires Regulated Derivatives Provider LedgerX

FTX.US has acquired CFTC licensed derivatives provider LedgerX for an undisclosed sum. (Read More)

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MIAX completes acquisition of FTX subsidiary LedgerX

The Miami International Securities Exchange (MIAX), 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 (CFTC).  The acquisition of LedgerX was “an important part of our growth [...]

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FTX Gets Greenlight To Sell LedgerX

The bankrupt crypto platform, FTX, has received a green light to sell its LedgerX business for $50 million, raising additional funds to repay its creditors. [...]

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FTX bankruptcy judge approves sale of LedgerX

The judge presiding over crypto exchange FTX’s bankruptcy case has given the green light to a motion allowing the sale of LedgerX. In a May 4 hearing in the United States Bankruptcy Court for the District of Delaware, Judge John Dorsey approved a motion the FTX debtors filed in April to sell LedgerX to M7 [...]

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