The Commodity Futures Trading Commission (CFTC) has approved an Amended Order of Registration for LedgerX, LLC to clear additional products, subject to the terms and conditions specified in the order, as a derivatives clearing organization under the Commodity Exchange Act.
LedgerX previously was approved to clear digital currency products like options on Bitcoin.
According to the CFTC, under the amended order, LedgerX is authorized to provide clearing services for fully-collateralized futures and options on futures in addition to the previously authorized swaps.
LedgerX, a Delaware limited liability company located in New York City, holds three separate registrations with the CFTC as a Swap Execution Facility, Designated Contract Market, and Derivatives Clearing Organization
The approval by the CFTC is indicative of the growing acceptance of digital assets and a future where digital assets exist side by side with more traditional investment classes.