Sources: Blockchain.com and Gemini among those interested in acquiring FTX subsidiary LedgerX

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Sources: Blockchain.com and Gemini among those interested in acquiring FTX subsidiary LedgerX

According to Bloomberg, citing sources familiar with the matter, FTX.US's registered derivatives trading platform LedgerX with the U.S. Commodity Futures Trading Commission (CFTC) has attracted interest from potential buyers including Blockchain.com, Gemini, Bitpanda, Kalshi, and six other potential buyers, with the possibility of more potential buyers joining. Some sources indicated that at least some parties involved have signed nondisclosure agreements.

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According to Bloomberg, citing sources familiar with the matter, FTX.US's derivative trading platform LedgerX, registered with the U.S. Commodity Futures Trading Commission (CFTC), has attracted interest from potential buyers including Blockchain.com, Gemini, Bitpanda, Kalshi, and six other potential buyers, with more potential buyers possibly joining. Some sources indicate that at least some parties involved have signed confidentiality agreements.

Documents submitted as of November 17 show that LedgerX holds approximately $303 million in cash, with LedgerX prepared to provide $175 million for FTX's bankruptcy proceedings and creditor repayments.

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