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Finance

FTX US Derivatives Names Former LedgerX Chairman Larry Thompson as Board Chair

FTX US purchased LedgerX in a move to develop its crypto options business.

By Michael Bellusci
AccessTimeIconJan 19, 2022 at 3:45 p.m. UTC
Updated May 11, 2023 at 5:56 p.m. UTC
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FTX US Derivatives named Larry Thompson as chairman of the board Wednesday, according to a statement.

Thompson was previously chairman of the board at LedgerX, which became FTX US Derivatives after FTX US acquired the crypto derivative company last year.

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    • Additional board members named were FTX US Derivatives CEO Zach Dexter, who previously served as CEO for LedgerX; Managing Director and Head of Diverse Talent Management and Advancement at DTCC Keisha Bell; Avanti CTO Bryan Bishop; Trader at Grapefruit Trading Joe Keefer; President of Baton Systems Jerome Kemp; Vice President and Deputy General Counsel at Robinhood Lucas Moskowiz; Global Head of Strategy for Digital Assets for the Susquehanna International Group of Companies; and Head of Policy and Regulatory Strategy at FTX US Mark Wetjen.

    Read more: FTX US Joins International Swaps and Derivatives Association

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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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    Michael Bellusci

    Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.

    Follow @mikeybellusci on Twitter
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