Daily Profit Shared To Members As Per Their Investments!
Use the benefits of a relevant portfolio of investments. Join here: Questra: https://atlanticgam.es/partner=P09201493430171
https://news.bitcoin.com/ledger-holdings-generates-11-4-million-to-open-u-s-bitcoin-exchange/– Ledger Holdings Generates $11.4 Million to Open U.S. Bitcoin Options Exchange –Sterlin Lujan —
LedgerX, parent company of Ledger Holdings, generated $11.4 million in a financing campaign to open a regulated options exchange for bitcoin and other digital currencies in the U.S. The venture is led by Miami International Holdings Inc. and Huiyin Blockchain Venture Investments.
Also read: Bitcoin Pizza Day: Reliving the Memories and Forging New Ones
The company is in the process of being granted approval by the U.S. Commodity Futures Trading Commission (CFTC). When approval is granted, companies can leverage LedgerX’s platform to acquire bitcoin using exchange-traded and other centrally regulated distributed contracts.
“We believe a regulated bitcoin market could substantially expand the bitcoin economy. In this regard, a vibrant options market, which LedgerX plans to build, is a critical foundation to the entire ecosystem,” said James Wo, President of Huiyin Blockchain Venture Investments.
The president of LedgerX, Paul Chou, also commented on investments inside the bitcoin space:
In the short term, these investments will further our application to become a regulated exchange and clearing house for bitcoin options. In the long term, these strategic investors will help us enter additional marketplaces and territories.
Bitcoin Ecosystem and Company Asset Background
This new investment opportunity comes as bitcoin’s price hits $2275 on coinmarketcap.com. It appears the rising price and Japan’s recent acceptance of bitcoin has created a massive upward trend in the global ecosystem. Now, investment firms and hedge funds have taken an even more keen interest in developing strategies and expanding their regulated portfolios to include more bitcoin options.
The primary company involved in the recent investment options, Miami International Holdings, Inc., is the parent company of Miami International Securities Exchange, LLC (MIAX Options) and MIAX PEARL, LLC.
The press release by LedgerX says that MIAX already offers trade options in 2,600 different classes. This implies bitcoin and other digital currencies will expand the company’s global monetary influence. This will put bitcoin into the U.S. securities and exchange limelight as the cryptocurrency tries to edge toward a price point of $3,000.
Do you see the creation of this centralized venture exchange for bitcoin as a net positive? Let us know in the comments below.
Images courtesy of Shutterstock and techuangel.com
Bitcoin is cool, and you know everyone wants in – even the ones who say they don’t. Show the world how cutting-edge you are with a bitcoin T-shirt, hoodie, bag, key-ring, even a Trezor hardware wallet. Shipping all over the world, quality merchandise and, of course, a payment system that makes people say “wow!”.
The post Ledger Holdings Generates $11.4 Million to Open U.S. Bitcoin Options Exchange appeared first on Bitcoin News.
–May 23, 2017 at 03:00AM by www.Bitcoins.am™ Real-Time Bitcoin News #bitcoinnews
Get a great marketing system from Markethive for free
Join Markethive here: http://markethive.com/magistral/