LedgerX develops an institutional derivatives exchange platform for digital currencies.
LedgerX is a bitcoin futures, options and swaps exchange, headquartered in New York City and regulated by the US Commodity Futures Trading Commission (CFTC). LedgerX is available 24/7 and offers physical settlement of all contracts and block trading and marketing making opportunities for institutional investors. Since launching in 2017, LedgerX has cleared over 10 million options and swaps contracts.
LedgerX pioneered the bitcoin mini contracts in the US. Our mini contracts have an underlying notional of 0.01 BTC, enabling granular trading and ensuring market scalability as bitcoin prices trend upwards.
The officials claim FTX-affiliated Alameda Research had largely repaid the $8 billion borrowed from Genesis Trading, a few weeks before the former filed for Chapter 11 bankruptcy protection.
FTX got the nod earlier this year to sell some of its business units.
Interested buyers may officially begin to indicate their interests between January 18 and February 1.