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FTX Acquires the First U.S.-Approved Crypto Derivatives Platform

  • Strategy is to offer array of assets in regulated markets
  • Majority of global crypto volume trades through derivatives
Sam Bankman-Fried, co-founder and chief executive officer of FTX.
Sam Bankman-Fried, co-founder and chief executive officer of FTX.Photographer: Lam Yik/Bloomberg
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FTX.US has agreed to acquire LedgerX for an undisclosed sum, a move that’s set to expand the crypto exchange’s product offerings to futures and options trading in the U.S.