FTXโ€™s LedgerX attracts interest from Blockchain.com, Gemini: Report

FTXit's digital badge LedgerX futures and clearing house is ready to reduction and has attracted interest from crypto companies such as Blockchain.com, Gemini, bitpanda Y kalshiBloomberg reported on Friday, citing people familiar with the matter.

There could be more than half a dozen other potential buyers for the crypto derivatives exchange, the people told Bloomberg, adding that some of the interested parties have signed confidentiality agreements.

Blockchain.com, Gemini and Bitpanda did not immediately respond to Reuters' request for comment, while Kalshi could not be reached for comment.

Requested FTX Crypto Trading Platform bankruptcy protection in the United States on November 11 in the highest-profile crypto explosion to date, after traders withdrew billions from the platform in three days and rival exchange Binance abandoned a bailout deal.

LedgerX was omitted from the bankruptcy process. FTX US acquired it last year to expand into crypto futures and options trading.

Leave a Comment

Comments

No comments yet. Why donโ€™t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *