Bitcoin Options Service LedgerX Raises $11.4 Million in Series B Funding
The parent company of bitcoin options exchange operator LedgerX has raised $11.4m in a Series B funding round. The round for Ledger Holdings was led by Miami International Holdings and Huiyin Blockchain Venture Investments, the startup announced this morning. MIH is the parent company of Miami International Securities Exchange, LLC, an options exchange operator. Huiyin Blockchain Venture is a subsidiary of investment conglomerate Huiyin Group, launched last year with tens of millions of dollars worth of backing. The round comes as LedgerX awaits final approval from the Commodity Futures....
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LedgerX is a new financial industry startup based out of New York, the home of the upcoming BitLicense. Despite the overcast pall of incoming regulations, LedgerX seems prepared for any happenstance. The new group has raised venture funding from Lightspeed Ventures and Google Ventures. Lightspeed Ventures has previously invested in other digital currency startups including Blockchain.info. Google Ventures, on the other hand, has put money into Buttercoin and OpenCoin, the company behind Ripple, which some might argue until they're blue in the face is the #2 cryptocurrency in existence.....
On Tuesday, West Realm Shire Services Inc., the parent company of the crypto exchange FTX, announced that the firm has acquired the Commodity Futures Trading Commission (CFTC) regulated digital currency futures and options exchange and clearinghouse Ledgerx.
FTX Acquires Virtual Currency Futures and Options Exchange Ledgerx
Ledgerx has been acquired by the cryptocurrency giant FTX, according to an announcement published on August 31. Ledgerx is a popular crypto derivatives platform that has seen “over 10 million crypto options and swap contracts” since 2017.....
Popular NFT marketplace OpenSea has announced that the platform has raised $100 millon in a Series B funding round. OpenSea Raises $100 Million, Now Supports Polygon Blockchain OpenSea is one of the biggest and most popular platforms for selling, buying, and trading NFTs. The marketplace has raised $100 million in a Series B funding round […]
LedgerX, an institutional trading platform that hopes to be the first federally regulated derivatives clearing organization for digital-based options, recently received an investment from Miami International Holdings Inc. MIH invested in LedgerX’s parent company, Ledger Holdings, and received a 10-year, exclusive global right to license equity or fixed income products related to digital currencies developed by LedgerX and to develop its own equity or fixed income derivatives based on such LedgerX products to be listed on MIAX Options and MIAX PEARL, MIH’s second options exchange. MIH also....
Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.” The round was led by Paradigm, with participation from Fireblocks’ existing investors – Galaxy Digital, Digital Currency Group, Cyberstarts, Tenaya Capital, Swisscom, and Cedar Hill Capital, according to a company statement. “With the new injection of capital, we will be able to continue to grow our....