FTX Crypto Exchange Finalizes LedgerX Acquisition

FTX Crypto Exchange Finalizes LedgerX Acquisition
The ink has dried on an acquisition announced by FTX.US in August, revealing a multipronged approach by the American arm of Sam Bankman-Fried’s trading empire.Regulated futures exchange LedgerX will now be known as FTX US Derivatives, FTX.US said Monday. The deal’s close follows the launch of a non-fungible token (NFT) marketplace earlier this month. The U.S. exchange’s parent company announced last week a meme-friendly raise of $420 million from 69 investors.Some of the fresh capital (the exchange also announced a $900 million funding round in July) is set aside for bringing more firms under the FTX umbrella.“We’ve probably done a…