Bitcoin derivatives trading provider LedgerX says it saw a “record” amount of trading volume over the last two months, says CoinDesk. The company cleared 50 million USD in derivatives volume in July alone, president and chief risk officer Juthica Chou in her interview to CoinDesk. LedgerX launched a new bitcoin purchasing system last month and it increased client demand. Called one-click bitcoin, the service acts as a “one-stop shop” for institutional or high net-worth clients to buy bitcoin easily through a federally-regulated platform, explains Chou. The service is built on top of the LedgerSavings platform LedgerX launched in May. The platform is available to all LedgerX clients including 130 institutions as well as high net-worth individuals. LedgerX is intending to add Ethereum based products and currently negotiating the guidelines with the regulator. Chou is confident that the company will receive this approval as all of its products are “full collateralized.” |
