FTX Trading completed the acquisition of LedgerX.

FTX Trading, a US-regulated cryptocurrency exchange, completed the acquisition of LedgerX, a Commodity Futures Trading Commission regulated digital currency futures & options exchange and clearinghouse. Financial terms were not disclosed. "This acquisition marks a significant milestone for our rapidly growing US business and is a key part of our strategy to bring regulated crypto derivatives to our US user base. We believe the integration of our technological capabilities, product portfolio and large balance sheet with LedgerX will enhance our ability to provide innovative products to all US cryptocurrency traders. We're excited to take this step and work with US regulators to ensure compliance with the existing derivatives licensing regime. We believe it is incumbent upon the industry to be proactive and to seek out working relationships with regulatory groups like the CFTC to help shape the future of our industry," Brett Harrison, FTX Trading President.