LedgerX

blockchain

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 17/07/2020

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MEDICI Analysis

LedgerX, LLC develops an institutional derivatives exchange platform for digital currencies.

Focus

PRODUCTS & SERVICES

Bitcoin options exchange and clearing house

REVENUE MODEL

The company has not disclosed its revenue model. The revenue model for the company can be holding the bitcoin and making money by selling it at a higher price than where it was bought.

MAIN CLIENTS

Financial institutions

Traction

VALUATION / MARKET CAP:

$76 M in 2017

People

FOUNDERS

Juthica Chou

Zach Dexter

Paul L Chou

Paul L Chou

BOARD MEMBERS AND ADVISORS

Jeremy Liew

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Blockchain Capital

Cross Pacific Capital Partners

Eric Kagan

FundersClub

Google Ventures

GV

Huiyin Blockchain Venture

Lightspeed Venture Partners

Miami International Holdings

SV Angel

TechU Angels

KEY EMPLOYEES:

Juthica Chou(CRO); Shabana Paul(COO); Paul L Chou(CEO); Zach Dexter(CTO)

Paul Chau

Momentum

FUNDED

YES

TOTAL FUNDING

$24.9 M

DATE OF LAST FUNDING

May 2017

TOTAL FUNDING COMMENT

The company is planning to use the fund to operate a regulated exchange and clearing house for bitcoin and other digital currencies.

SEED & PRIOR FUNDING

$1.5 M

SEED CLOSED ON

Feb 2014

FUNDING SERIES

SERIES A  · ---  · Jul 2014

SERIES B  · $11.4 M  · May 2017

OTHERS  · $12 M · Mar 2019

LISTED

NO

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