Bitcoin Venue LedgerX Seeks CFTC Approval

Commission opens public comment period


The venue, which is backed by Google and Lightspeed Financial among other investors, aims to provide a regulated options exchange and clearinghouse for the virtual currency.

The firm is led by Goldman Sachs alumni Paul and Juthica Chou; its general counsel and chief regulatory officer Kari Larsen previously spent time in the enforcement division at the CFTC, as well.

LedgerX looks to join TeraExchange and a handful of other swap execution facilities making the leap into Bitcoin derivatives. The