The LedgerX buyout will mean the CFTC-approved platform is eventually merged under the FTX.US umbrella, according to president Brett Harrison.
This 10-year partnership, to be paid entirely in cryptocurrency, is the latest in a string of sports partnerships FTX has inked this year.
Sam Bankman-Fried has pledged a three-year commitment to Brink Technology to sponsor bitcoin developers undergoing fellowship programs.
While at MIT, the now-crypto billionaire was struggling to find his direction in life until he joined an altruistic movement.
"We definitely hope to be able to offer them inside of a year," Brett Harrison said. "We could have or should have started a long time ago."