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👀 FTX Acquires The First US-Regulated Derivatives Platform

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Hey Blockster, In the past few months, there have been quite some acquisitions in the cryptocurrency space. From Coinbase and Consensys to NYDIG and the Japanese financial conglomerate SBI, it's not unusual to see large enterprises purchase digital asset startups. Now FTX.US, the subsidiary of the FTX crypto exchange that serves clients in the United States, recently announced that it had acquired LedgerX. For some background, LedgerX is a leading crypto derivatives exchange provider in the United States, which offers a regulated service for the nation's users. Featuring a full license by the Community Futures and Trading Commission (CFTC), LedgerX has recorded over 10 million digital asset option and swap contract transactions on its platform since it launched in 2017. While the financials of the deal have not been disclosed, FTX's new acquisition aligns with the company's plans to expand its ecosystem with regulated services. At the same time, it allows the exchange to dabble into the fast-growing crypto derivatives market. Be sure to read this article on Blockdesk to learn more about FTX's acquisition of LedgerX.  Looking to read more articles? No worries! Check out today's collection of the latest cryptocurrency stories right from Blockdesk: Vitalik Buterin Hints At Elon Musk Collaboration – A Match Made In Heaven? – A collaboration between two well-known figures in the crypto space is in the works. Ethereum co-founder Vitalik Buterin and Tesla chief Elon Musk have recently agreed to form a partnership to enhance Dogecoin's ecosystem with a new upgrade. Bitcoin Is Gradually Losing Dominance – Is This Good For The Cryptocurrency Industry? – Bitcoin dominance has been a popular indicator among cryptocurrency enthusiasts to monitor the market and discover signs of an altcoin season. Now, the world's largest digital asset by market capitalization has experienced a gradual fall in its dominance. But what does this mean for the industry?   Couple Exchange NFTs On Wedding Day – A New Romantic Crypto Trend? Peter Kacherginsky and Rebecca Rose first held a traditional Jewish ceremony, after which they exchanged the digital assets as virtual rings to symbolize their love.   5 Alternative Ways To Make Money Without Trading In Crypto – Did you know that you don't necessarily have to trade or invest in a coin to make money in the cryptocurrency space? That's right. And with the decentralized finance (DeFi) and non-fungible token (NFT) booms, there are even more ways to generate revenue within the industry. Check out this extensive article to learn more about them! That's all for today. Stay tuned, as we will be back with more tomorrow! Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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