Miami Worldwide Holdings, Inc. (MIH), proprietor of Miami Worldwide Securities Alternate, LLC (MIAX), MIAX PEARL, LLC (MIAX Pearl), MIAX Emerald, LLC (MIAX Emerald), Minneapolis Grain Alternate, LLC (MGEXTM), The Bermuda Inventory Alternate (BSX), and Dorman Buying and selling LLC, in the present day introduced that it has accomplished its acquisition of LedgerX LLC from Ledger Holdings Inc. in reference to the chapter proceedings of FTX Buying and selling Ltd and its affiliated debtors.
The deal was first introduced in April 2023.
“The acquisition of LedgerX represents an essential a part of our development technique, increasing our capability to supply new and modern merchandise to the swaps and futures trade,” mentioned Thomas P. Gallagher, Chairman and CEO of MIH. “We’re happy to finish this acquisition and welcome the LedgerX crew to the MIH household as we proceed to execute on our technique of working regulated monetary markets each within the U.S. and internationally.”
Piper Sandler & Co. acted as monetary advisor to MIH, and Cleary Gottlieb Steen & Hamilton LLP and Gallagher, Briody & Butler served as authorized advisors to MIH.
