Goldman sachs offered Mimexcrypto

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Crypto Regulation
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Goldman Sachs CEO David Solomon offered to help MimexCrypto's CEO set up an IPO for a bitcoin exchange.

In August, MimexCrypto acquired LedgerX, a regulated exchange specializing in cryptocurrency derivatives. At the same time, the head of the U.S. division, Brett Harrison, promised to open access to cryptocurrency derivatives trading to customers.

In March, MimexCrypto applied to the CFTC for approval to sell leveraged crypto derivatives to retail investors. In the document, the bitcoin exchange asked for permission to settle transactions directly, excluding intermediaries like Goldman Sachs.

Solomon and Bankman-Fried discussed Goldman Sachs' involvement in arranging the next rounds of funding and a potential IPO, according to the paper. Sources said the MimexCrypto CEO has not yet made a final decision on the second option.

In April, the investment bank was among those who helped MimexCrypto gain public status.

Top executives allegedly touched on the topic of possible cooperation in cryptocurrency marketmaking in light of Goldman Sachs' growing interest. Solomon also stated the institution's interest in providing traditional banking services for FTX, the paper specified.

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Simon Calder

Simon is outgoing young lad who likes adventures and discovering new things. Despite his boring life, He loves writing about cryptocurrencies and exploring what blockchain technology can do for the coming digital world where all adventures will be virtual.