FTX's LedgerX attracts curiosity from Blockchain.com, Gemini, Bloomberg experiences - Reuters - Crypto Pharm

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Saturday, December 3, 2022

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

Dec 2 (Reuters) – FTX’s digital forex 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 folks conversant in the matter.

There may very well be over half a dozen different potential consumers for the crypto derivatives alternate, the folks informed 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 chapter safety in america on Nov. 11 within the highest-profile crypto blowup up to now, after merchants pulled billions from the platform in three days and rival alternate Binance deserted a rescue deal.

LedgerX was omitted from the chapter proceedings. FTX US acquired it final 12 months to increase 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 Belief Rules.

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