FTX will auction its derivatives trading platform LedgerX on April 4

ChainCatcher news, FTX will auction its compliant derivatives trading platform LedgerX to bidders on April 4. The auction will take place at the Sullivan & Cromwell office, with a sales hearing scheduled for April 12. Notification to the winning bidder should be sent within one business day after the auction concludes.

Previously, ChainCatcher reported in October 2021 that FTX.US had completed the acquisition of LedgerX, allowing FTX.US to offer cryptocurrency futures, options, and other trading to U.S. retail traders in the future. (source link)