LedgerX is a Swap Execution Facility and Derivatives Clearing Organization that specializes on cryptocurrency derivatives. LedgerX has the U.S. Commodity Futures Trading Commission’s (CFTC) approval to trade and clear swaps on digital money. Ledgerx also offers Bitcoin options trading and clearing. LedgerX options allow users the opportunity to earn a fiat-based yield on Bitcoin by making a contract that gives them the right to sell or buy an asset at a specified price on a specified date when they think it would be profitable due to price changes. Some of products of LedgerX are CFTC-regulated. The company launched the first CFTC-regulated Bitcoin saving account on the market. LedgerX is currently being run by Paul Chou — the CEO and co-founder of the company, who is a computer scientist and an experienced securities trader.
FTT price soared to a new all-time high after the FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships.
Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH
FTX.US acquires LedgerX for an undisclosed amount to dive into Bitcoin and Ether futures trading.
FTX.US acquires Bitcoin derivatives platform LedgerX
$675 million worth of Bitcoin options expired today. Experts debate its potential impact on Bitcoin’s price.
Experts Debate Bitcoin Price Volatility as $675M in BTC Options Expire
LedgerX board of directors have placed co-founders Paul and Juthica Chou on administrative leave, effective immediately.
LedgerX Places Founders On Leave Following Public CFTC Woes
Crypto derivatives firm LedgerX alleges that former CFTC chairman Christopher Giancarlo obstructed the approval of its DCO registration due to personal bias.
Report: LedgerX Claims Ex-CFTC Chairman Stalled Approvals Due to Personal Bias
LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the U.S., but report was later debunked by LedgerX...
LedgerX: Media Misreports BTC Futures Status, Option ‘Coming Soon’
LedgerX beat competitor Bakkt to the public launch, which comes less than a month after gaining regulatory approval.
Bitcoin First as LedgerX Launches Physically-Settled Futures Product