FTX-owned Derivatives Exchange LedgerX is Up for Sale

FTX-owned cryptocurrency derivatives exchange LedgerX is up for sale.

According to Bloomberg, at least 10 companies have already shown interest in purchasing the company, including Blockchain.com, Gemini and Bitpanda. In addition, “about six more people” could be added to this list.

LedgerX received in 2019 an authorized derivatives market license from the CFTC in the US. At the same time, the platform announced the launch of deliverable Bitcoin futures. Later, the regulator said it did not give permission for this.

FTX.US announced in summer 2021 plans to open access to trading in cryptocurrency derivatives for clients. The structure later acquired LedgerX.

In November this year, FTX Trading, Alameda Research and more than 130 other affiliates filed for insolvency.