FinTech Startup LedgerX Secures $11 Million

LedgerX announced the completion of $11 million in Series B financing. Three investors participated in the round, including MIH Fund and Huiyin Blockchain Venture.

LedgerX, LLC, is developing an institutional derivatives exchange platform for digital currencies. It has applied for registration with the U.S. Commodity Futures Trading Commission to operate a swap execution facility and derivatives clearing organization.

The company revealed that the round comes as LedgerX awaits final approval from the Commodity Futures Trading Commission (CFTC) for its Bitcoin options trading service.