ChainCatcher reported that according to Bloomberg, FTX's derivatives trading platform LedgerX is seeking new acquirers and has successfully attracted the interest of a number of potential buyers including Blockchain.com and Gemini. According to people familiar with the matter, in addition to Blockchain.com and Gemini, cryptocurrency trading platform Bitpanda and event prediction contract trading platform Kalshi have also expressed interest in LedgerX, and there are about six other potential buyers, and it is not ruled out that more potential buyers may join the game. In addition, there are signs that the negotiations are becoming more formal, and at least some parties have signed relevant confidentiality agreements for acquisition matters.
Bloomberg said that LedgerX, as a derivatives trading platform registered with the U.S. Commodity Futures Trading Commission, is the cornerstone of SBF's many efforts in Washington and is also considered one of the most valuable assets associated with FTX. As of the filing on November 17, LedgerX had approximately $303 million in cash assets, and it is unclear how much the sale might bring to FTX.
According to previous news, LedgerX was founded in 2017 and raised a total of US$35 million. It was subsequently acquired by FTX.US in August 2021. The specific acquisition amount was not disclosed. (Source link)