NEW YORK, — Ledger Holdings Inc., parent company to LedgerX LLC (LedgerX) — the first federally regulated cryptocurrency derivatives exchange — today announced several personnel changes to the Board of Directors of LedgerX. Effective immediately, Larry E. Thompson, Interim CEO of Ledger Holdings, has been appointed to the LedgerX Board following the departure of directors Juthica Chou, Paul Chou and Nicholas Owen Gunden.
Stated Mr. Thompson, “I look forward to working with the other directors and management as we seek to establish the company’s strategic relationships with market participants and grow our client base.”
This news follows the recent announcement of LedgerX co-founder Zach Dexter rejoining the company in an executive capacity. Mr. Dexter aims to recommit LedgerX to the core platform experience, including expanding the company’s offerings to additional derivatives products and tradeable assets. Under his leadership, LedgerX will also commit to driving retail adoption.
For further information regarding LedgerX, please visit LedgerX.com.
LedgerX is the first federally regulated exchange and clearing house to list and clear fully collateralized, physically settled bitcoin swaps and options for the institutional market. The U.S. Commodity Futures Trading Commission (CFTC), which regulates virtual currency derivatives, oversees LedgerX’s registration as a swap execution facility (SEF) and derivatives clearing organization (DCO).
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