Miami International Holdings completed the acquisition of LedgerX from FTX Trading for $50m.

Miami International Holdings, a financial exchanges and execution services provider, completed the acquisition of LedgerX, a developer of an institutional derivatives exchange platform for digital currencies, from FTX Trading, a cryptocurrency exchange and crypto hedge fund, for $50m. "The acquisition of LedgerX represents an important part of our growth strategy, expanding our ability to offer new and innovative products to the swaps and futures industry. We are pleased to complete this acquisition and welcome the LedgerX team to the MIH family as we continue to execute on our strategy of operating regulated financial markets both in the US and internationally," Thomas P. Gallagher, MIH Chairman and CEO.