RATE Group | Crypto Startup LedgerX Eyes Ethereum Options, Awaiting CFTC Approval
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Crypto Startup LedgerX Eyes Ethereum Options, Awaiting CFTC Approval

26 Sep Crypto Startup LedgerX Eyes Ethereum Options, Awaiting CFTC Approval

Posted at 23:35h in Ethereum News by

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In spite of the ever-tumultuous market, crypto investment services providers have continued to eye the expansion of their product lineup in a bid to entice prospective investors to allocate capital to this space.

LedgerX Ethereum Options Are On Their Way

Frank Chaparro, who has gained recognition for his crypto-focused Business Insider pieces, recently revealed that LedgerX, a leading New York-based cryptocurrency infrastructure firm, intends to introduce an Ethereum investment vehicle in the near future. Citing sources familiar with the firm’s business, Chaparro explained that the startup, which currently offers mostly Bitcoin-focused products and solutions, has plans to expand its options support to Ether, the second most valuable cryptocurrency by market capitalization.

While the product has reportedly been fully developed, LedgerX is still waiting on a regulatory green light from the American Commodity Futures Trading Commission (CFTC). Per insiders, it was revealed that the…

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