{"id":333459,"date":"2021-09-01T22:50:00","date_gmt":"2021-09-01T19:50:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/expanding-ecosystem-and-ledgerx-acquisition-send-ftx-token-ftt-to-a-new-ath\/"},"modified":"2021-09-01T22:50:00","modified_gmt":"2021-09-01T19:50:00","slug":"expanding-ecosystem-and-ledgerx-acquisition-send-ftx-token-ftt-to-a-new-ath","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/expanding-ecosystem-and-ledgerx-acquisition-send-ftx-token-ftt-to-a-new-ath\/","title":{"rendered":"# Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH"},"content":{"rendered":"<p>&#8220;<strong># Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to users to its ecosystem.\u00a0<\/p>\n<p>One project that has seen massive growth throughout 2021 thanks to its increasing public exposure and exciting protocol launches and partnerships is FTX, a crypto-derivatives trading platform founded by Sam Bankman-Fried and Gary Wang. <\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/FTTUSDT\/\">TradingView<\/a> shows that after hitting a low near $50 on Aug. 31, the price of FTT catapulted 42% higher to a new all-time high at $66.50 on Sep. 1 as its 24-hour trading volume increased by 200% to $1.675 billion. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/c191f0e3-7055-4aaf-bfb8-5d18bb8eea5b.png\"><figcaption style=\"text-align: center;\"><em>FTT\/USDT 4-hour chart. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/FTTUSDT\/\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>The sudden burst in momentum came following the Aug. 31 announcement that FTX US, the United States-based arm of the exchange, would be acquiring\u00a0 LedgerX, a fully licensed, U.S.-based options and futures trading platform. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are excited to announce that FTX US is acquiring LedgerX! <\/p>\n<p>We look forward to partnering with the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ledgerx?ref_src=twsrc%5Etfw\">@LedgerX<\/a> team to offer CFTC-regulated crypto derivatives to the US market. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/6VgH4psaL5\">pic.twitter.com\/6VgH4psaL5<\/a><\/p>\n<p>\u2014 FTX &#8211; Built By Traders, For Traders (@FTX_Official) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FTX_Official\/status\/1432742889193345024?ref_src=twsrc%5Etfw\">August 31, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Through this acquisition, the company will now be able to offer regulated crypto futures and options trading to the US market. <\/p>\n<p>FTX has had a busy year of partnerships and publicity generating moves such as purchasing the naming rights for several stadiums and becoming the official crypto exchange sponsor of Major League Baseball, but many <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1432682800784846850\">feel<\/a> that this is the biggest development to date for the platform because it gives FTX US a unique product in the US marketplace. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>FTX crypto exchange seals $210M naming rights deal for esports behemoth TSM<\/em><\/strong><\/p>\n<p>And just to show that it also has an ear on the pulse of the cryptocurrency community, FTX also recently announced plans to list the up and coming Star Atlas gaming metaverse and NFT ecosystems, a highly anticipated project that looks to capture the surging momentum of the NFT and gaming sectors. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">That&#8217;s one small step for a man, one giant <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/listing?src=hash&amp;ref_src=twsrc%5Etfw\">#listing<\/a> for mankind. &#8211; <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/staratlas?ref_src=twsrc%5Etfw\">@staratlas<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/MCY72eWNsN\">pic.twitter.com\/MCY72eWNsN<\/a><\/p>\n<p>\u2014 FTX &#8211; Built By Traders, For Traders (@FTX_Official) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FTX_Official\/status\/1432698429021560838?ref_src=twsrc%5Etfw\">August 31, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/expanding-ecosystem-and-ledgerx-acquisition-send-ftx-token-ftt-to-a-new-ath\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH &#8221; Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to users to its ecosystem.\u00a0 One project that has seen massive growth throughout 2021 thanks to its&#8230;<\/p>\n","protected":false},"author":1,"featured_media":333460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvOGJkMmE0MDgtMjRhMS00Yjg0LTk0MWItMGNiNGIyZTI0ZjcxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74972,74863,74860,75012,75846,115170,75150,89897,74355,117,73785,70934],"class_list":["post-333459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin-futures","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-derivatives","tag-futures","tag-ledgerx","tag-market-update","tag-sam-bankman-fried","tag-adoption","tag-business","tag-markets","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/333459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=333459"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/333459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/333460"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=333459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=333459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=333459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}