# LedgerX

ALL From LedgerX

U.S. Bankruptcy Court Approves FTX to Sell LedgerX at Massive Loss

FTX.US snapped up LedgerX back in August 2021 for nearly $300 million.

FTX Gets Court Approval for LedgerX Sale at Massive Loss

LedgerX CEO Zach Dexter wrote on Twitter that he was “very pleased” to announce that the U.S. Bankruptcy Court in Delaware had granted a motion permitting the sale. 

FTX to Sell LedgerX Unit to M7 Holdings for $50 Million Amid Chapter 11 Proceedings

The sale of LedgerX LLC is expected to generate approximately $50 million in proceeds for the FTX Debtors.

FTX Finalizes $50 Million Sale of LedgerX Crypto Derivatives Exchange

Bankruptcy lawyers representing FTX have agreed to sell LedgerX, a cryptocurrency derivatives trading platform, to M7 Holdings. The affiliate of Miami International Holdings is paying $50m for the platform, which came under the FTX banner in August 2021 when FTX.US acquired it.

FTX Debtors Agree To Sell LedgerX to Affiliate of Miami International Holdings

FTX's debtors agreed to sell derivatives exchange LedgerX to an affiliate of Miami International Holdings for about $50 million. 

FTX’s LedgerX Attracts Bids From Firms Including Miami Exchange

FTX has attracted bidders including Miami International Securities Exchange for its crypto-derivatives platform, LedgerX, one of the few solvent pieces of Sam Bankman-Fried’s former empire.

FTX Survivor LedgerX Dumps Silvergate for Signature Bank: Report

LedgerX, a trading platform offering derivatives products based on Bitcoin and Ethereum cryptocurrencies, is no longer using Silvergate Bank to receive domestic wire transfers, according to a Bloomberg report.

Crypto Firm Ledger Tells Clients to Send Funds to Signature Bank, Not Silvergate

Crypto derivatives platform LedgerX, one of the few solvent pieces of the bankrupt FTX empire, will no longer use embattled Silvergate Bank to receive domestic wire transfers beginning Wednesday. 

FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy Judge

FTX can sell four key units including derivatives arm LedgerX and stock-clearing platform Embed, a Delaware bankruptcy judge ruled Thursday.

FTX Businesses Including LedgerX Draw Interest From Over 100 Potential Buyers

Roughly 117 parties are interested in buying entities of the FTX, according to a new legal filing in the troubled crypto exchange’s bankruptcy case.