The parent company of bitcoin options exchange operator LedgerX has raised $11.4m in a Series B funding round.
The round for Ledger Holdings was led by Miami International Holdings and Huiyin Blockchain Venture Investments, the startup announced this morning. MIH is the parent company of Miami International Securities Exchange, LLC, an options exchange operator. Huiyin Blockchain Venture is a subsidiary of investment conglomerate Huiyin Group, launched last year with tens of millions of dollars worth of backing.
In statements, representatives for the firm highlighted the regulatory push, indicating that the funding would, in part, support those efforts.
LedgerX CEO Paul Chou said in a statement:
The startup previously raised $1.5m in seed funding from a group that included Google Ventures and Lightspeed Venture Partners.
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