About LedgerX
LedgerX is a company based in New York (United States) founded in 2014 was acquired by MIAX Options in April 2023.. LedgerX has raised $15.83 million across 7 funding rounds from investors including Lightspeed Venture Partners, MIAX and DFG. LedgerX offers products and services including Bitcoin Binary Options, BTCRB Options, and Trade Simulator. LedgerX operates in a competitive market with competitors including Coinsquare, KuCoin, Kraken, Bitso and Coinbase, among others.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ledgerx Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.83 M (USD)
in 7 rounds
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Latest Funding Round
$4.43 M (USD), Series B
Mar 30, 2020
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Investors
Lightspeed Venture Partners
& 7 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of LedgerX
LedgerX offers a comprehensive portfolio of products and services, including Bitcoin Binary Options, BTCRB Options, and Trade Simulator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cash-settled contracts for managing Bitcoin price risk hourly.
Mutually-exclusive range contracts with efficient collateral netting.
Platform for simulating BTCRB options trading practices.
Funding Insights of LedgerX
LedgerX has successfully raised a total of $15.83M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $4.43 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $4.4M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - LedgerX | Valuation |
investors |
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| May, 2017 | Amount | Series B - LedgerX | Valuation | MIAX Options | |
| Dec, 2016 | Amount | Series A - LedgerX | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LedgerX
LedgerX has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, MIAX and DFG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Blockchain and digital asset startups are invested in by DFG.
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Founded Year | Domain | Location | |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LedgerX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LedgerX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ledgerx Comparisons
Competitors of LedgerX
LedgerX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coinsquare, KuCoin, Kraken, Bitso and Coinbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital assets are bought, sold, and traded on Coinsquare.
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| domain | founded_year | HQ Location |
Cryptocurrencies are bought, sold, and traded via this exchange platform.
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| domain | founded_year | HQ Location |
Provider of an app-based trading and exchange platform for cryptocurrency
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| domain | founded_year | HQ Location |
Cryptocurrencies are traded and exchanged through an online platform.
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| domain | founded_year | HQ Location |
Cryptocurrency trading, storage, and exchange services are offered online.
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| domain | founded_year | HQ Location |
Online robo advisory and stock trading services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ledgerx
Frequently Asked Questions about LedgerX
When was LedgerX founded?
LedgerX was founded in 2014.
Where is LedgerX located?
LedgerX is headquartered in New York, United States. It is registered at New York, New York, United States.
Is LedgerX a funded company?
LedgerX is a funded company, having raised a total of $15.83M across 7 funding rounds to date.
What does LedgerX do?
Founded in 2014 in New York, United States, LedgerX functions as a cryptocurrency trading platform focused on the institutional sector. Bitcoin options are listed and cleared through a regulated exchange and clearinghouse, with fully collateralized and physically settled contracts. A dashboard is provided for summarizing transactions, supporting operations in the digital asset market.
Who are the top competitors of LedgerX?
What products or services does LedgerX offer?
LedgerX offers Bitcoin Binary Options, BTCRB Options, and Trade Simulator.
Who are LedgerX's investors?
LedgerX has 8 investors. Key investors include Lightspeed Venture Partners, MIAX, DFG, Google Ventures, and SV Angel.
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