FTX Looks to Expand Globally Through Local Partners, Bankman-Fried Says

FTX Looks to Expand Globally Through Local Partners, Bankman-Fried Says
FTX, the cryptocurrency derivatives exchange juggernaut, plans to keep expanding into new jurisdictions through buying local crypto companies or exchanges, CEO Sam Bankman-Fried said Wednesday on CoinDesk TV.Asked about future acquisitions, the 28-year-old billionaire hinted he may be looking for another LedgerX, which was FTX’s August acquisition. LedgerX, a regulated U.S.-based crypto derivatives firm, is now part of FTX’s American unit, FTX.US. Buying LedgerX allowed FTX to sidestep a grueling registration process in the U.S.“I would not be surprised if [the amount of money that we spend on acquisitions over the next year or so] was north of a billion…