Tuesday, November 5, 2024
HomeInvestmentMIAX completes acquisition of FTX subsidiary LedgerX By Cointelegraph

MIAX completes acquisition of FTX subsidiary LedgerX By Cointelegraph



The Miami International Securities Exchange (MIAX), owned by Miami International Holdings (MIH), has completed the acquisition of LedgerX, which was one of the FTX assets court-approved for sale in January. LedgerX is an exchange and clearinghouse regulated by the United States Commodity Futures Trading Commission.

The acquisition of LedgerX was “an important part of our growth strategy, expanding our ability to offer new and innovative products to the swaps and futures industry,” CEO of MIH Thomas Gallagher said in a statement. MIAX is one of a suite of financial companies owned by MIH.