Share this article
FTX US Joins International Swaps and Derivatives Association
The crypto exchange plans to work with the association to build up crypto derivatives markets in the U.S. and around the world, CEO Sam Bankman-Fried tweeted.
Updated May 11, 2023, 5:52 p.m. Published Dec 9, 2021, 6:22 p.m.
Cryptocurrency exchange FTX’s U.S. subsidiary is now a member of the International Swaps and Derivatives Association (ISDA), FTX Trading CEO Sam Bankman-Fried wrote in a tweet Thursday.
- The ISDA has more than 960 member institutions from 78 countries, according to its website. Members include corporations, investment managers and regional banks. The ISDA, which was started in 1985, says it helps “make the global derivatives markets safer and more efficient.”
- FTX, which specializes in offering derivatives to its global customers, has been making a major push to also offer them to its U.S. customers with its acquisition of Ledger X, which it has renamed FTX US Derivatives.
- ”We are looking forward to working alongside ISDA and their CEO Scott O’Malia as we continue to build up crypto derivatives markets in the United States and globally,” Bankman-Fried added in the tweet.
- FTX didn’t immediately respond to a request for additional comment for this story.
We’re excited to announce that FTX US is now a member of @ISDA. We are looking forward to working alongside ISDA and their CEO @ScottOMalia as we continue to build up crypto derivatives markets in the United States and globally.
— SBF (@SBF_FTX) December 9, 2021
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Read more: Bankman-Fried Says Stricter Regulation of Crypto Exchanges Would Be Positive
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
