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Miami International Completes $50M Takeover of LedgerX from FTX

Miami International Holdings (MIH), a US-based exchange conglomerate, has finalized its $50 million acquisition of LedgerX from the bankrupt cryptocurrency exchange FTX and its debtors. LedgerX, one of the few solvent subsidiaries of FTX Founder Samuel Bankman-Fried’s former empire, is a crypto derivatives platform.MIH Rounds Off LedgerX PurchaseFTX and its debtors last month announced sales of LedgerX to M7 Holdings, an affiliate of MIH. In the aftermath of FTX’s collapse in November last year,... Read More

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Posted: May 19 2023, 20:46

Author Name: financemagnates

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