FairX was acquired by Coinbase
Coinbase announced on 12–13 January 2022 that it would buy FairX for about $330 million in cash and stock; Delaware Chancery records show the merger closed on 1 February 2022, after which Coinbase operated the platform as its regulated U.S. crypto derivatives exchange.
Successor: Coinbase
Founded 2020
Reuters and Bloomberg covered Coinbase’s January 2022 agreement to buy the CFTC-regulated FairX futures venue. Court filings later pegged consideration near $330 million and confirmed a 1 February 2022 close. Post-merger, Coinbase deemphasized FairX’s non-crypto futures and focused the license on crypto derivatives under the Coinbase brand.
FairX (LMX Labs) operated a CFTC-registered futures exchange aimed at retail and institutional traders. Coinbase announced a ~$330 million acquisition in January 2022 and closed on 1 February, later running the venue as Coinbase Derivatives Exchange.
No. Coinbase acquired FairX in February 1, 2022, and FairX is not listing jobs on its own.
Coinbase announced on 12–13 January 2022 that it would buy FairX for about $330 million in cash and stock; Delaware Chancery records show the merger closed on 1 February 2022, after which Coinbase operated the platform as its regulated U.S. crypto derivatives exchange.
Look at Coinbase. FairX is not hiring as a standalone company.
FairX was founded in 2020.