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FTX Sells LedgerX to Miami Exchange Owner for $50 Million

has agreed to sell LedgerX, its crypto-derivatives platform, to the owner of Miami International Securities Exchange for about $50 million.

LedgerX was one of the few solvent pieces of Sam Bankman-Fried’s former empire. The deal would give the exchange, known as MIAX and owned by Miami International Holdings Inc., a registered platform to expand its presence in the crypto industry. 

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 4/26/2023

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