LedgerX digital asset exchange provides digital currency perpetuals powered by Brave New Coin

Digital currency futures and options exchange and clearinghouse LedgerX pursues digital currency perpetuals powered by digital asset data infrastructure company Brave New Coin. 

LedgerX will use Brave New Coin’s high-frequency BTC and ETH price feeds for its perpetual products, which it intends to submit to the Commodity Futures Trading Commission (CFTC) for its review and approval. LedgerX was the first CFTC regulated cryptocurrency derivatives exchange, and is backed by Digital Finance Group, Lightspeed Venture Partners, Miami International Holdings, Google Ventures, and SV Angel.  Once again, LedgerX is the first to innovate in US derivatives markets and will be seeking the CFTC’s review and determination that all regulatory requirements pertaining to perpetuals are satisfied, including product, trading, clearing and all other relevant areas.  

“We’re pleased to work with LedgerX to integrate our high-frequency index engine. The industry has been anticipating the launch of additional LedgerX products, and for good reason. We believe LedgerX will be able to out-innovate the legacy competitors,” said Fran Strajnar, Founder of Brave New Coin. “We look forward to continued work with LedgerX to ensure its exchange has access to the best digital asset data in the sector.”