Home Blockchain FTX's LedgerX attracts curiosity from Blockchain.com, Gemini, Bloomberg experiences – Reuters

FTX's LedgerX attracts curiosity from Blockchain.com, Gemini, Bloomberg experiences – Reuters

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Dec 2 (Reuters) – FTX’s digital foreign money futures and clearinghouse LedgerX is up on the market and has attracted curiosity from crypto companies together with Blockchain.com, Gemini, Bitpanda and Kalshi, Bloomberg reported on Friday, citing individuals conversant in the matter.

There could possibly be over half a dozen different potential consumers for the crypto derivatives trade, the individuals advised Bloomberg, including that a few of the events have signed non-disclosure agreements.

Blockchain.com, Gemini and Bitpanda didn’t instantly reply to Reuters’ request for remark, whereas Kalshi couldn’t be reached for remark.

Crypto buying and selling platform FTX filed for bankruptcy protection in the US on Nov. 11 within the highest-profile crypto blowup thus far, after merchants pulled billions from the platform in three days and rival trade Binance deserted a rescue deal.

LedgerX was omitted from the chapter proceedings. FTX US acquired it final 12 months to develop into crypto futures and choices buying and selling.

Reporting by Jyoti Narayan in Bengaluru; Enhancing by Sandra Maler and Cynthia Osterman

Our Requirements: The Thomson Reuters Trust Principles.

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