LedgerX is the first federally regulated bitcoin options exchange and clearinghouse to list fully collateralized, physically settled bitcoin options in the U.S.
The company, which is backed by Alphabet Inc.’s venture-capital arm, aims to provide institutional investors the ability to hedge against price swings in digital currencies in the same way they protect against volatility in other assets.
Alphabet Inc = Google = Bitcoin/ETH Institutional money = moon.
THIS IS HUGE.
LedgerX LLC, a cryptocurrency trading platform operator, won approval from the U.S. Commodity Futures Trading Commission to operate as a federally-regulated exchange and clearing house for derivatives contracts settling in digital currencies.
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