- With the launch, customers will be able to trade directly on BitMEX while their assets will continue to be stored safely in Zodia custody.
- Interchange is supported by Zodia Custody Limited (UK) , which is made accessible to qualified institutional and professional customers in certain countries.
Today, Zodia Custody, the institution-first digital assets platform, made an announcement on the launch of BitMEX on Interchange, which is Zodia Custody’s off-venue settlement network. Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD are among the shareholders and investors in Zodia Custody. As a result of the integration, the centralized exchange is now accessible on Interchange, which is the most recent trading venue that Zodia Custody Limited (UK) clients may use.
With the launch, customers will be able to trade directly on BitMEX while their assets will continue to be stored safely in Zodia custody. This presents a unique opportunity for users to combine seamless market access with rigorous security. In order to reduce counterparty risk and promote safe, high-volume institutional trading, Interchange makes use of collateral locking and asset mirroring to guarantee that the assets of its customers are reserved for transactions and preserved until settlement.
Wing Cheah, Head of Interchange Product at Zodia Custody said:
“In successfully launching BitMEX on the Interchange network, our clients gain direct access to a leading derivatives exchange without compromising custody of their assets. This integration provides clients with greater flexibility, more trading options, and the peace of mind that their assets remain safely in cold storage until settlement.”
Mark Collins, Head of Custody for BitMEX commented:
“Our partnership with Zodia Custody cements the position of BitMEX as a premier institutional-grade trading platform. By incorporating a dedicated custodian that bridges traditional finance and the crypto market, we hope to reinforce our commitment to providing the security, transparency, and compliance required to serve our global professional client base.”
Established financial institutions and crypto-native companies who are looking for safe access to prominent centralised exchanges and over-the-counter liquidity are increasingly turning to Interchange as their preferred network that they may use. Zodia Custody Limited (UK)’s clients now have direct access to BitMEX’s trading platform, while their assets continue to be protected under custody. This strengthens the network’s institutional liquidity ecosystem. BitMEX is a pioneer in the field of cryptocurrency derivatives and the inventor of the perpetual swap. It is now live on Interchange.
Interchange is supported by Zodia Custody Limited (UK) , which is made accessible to qualified institutional and professional customers in certain countries.
Standard Chartered is one of the primary shareholders in Zodia Custody, which is a digital assets platform that is primarily focused on institutions. Other important shareholders include Northern Trust, SBI Holdings, Emirates NBD, and National Australia Bank. By combining its custody, treasury, and settlement solutions, Zodia Custody makes it possible for institutional investors all over the world to realize the full potential of the future of digital assets in a way that is straightforward, risk-free, and without any compromises.
For further information on Zodia Custody, please visit: https://zodia-custody.com/about-us/
For further information on Interchange, please visit: https://zodia-custody.com/interchange/
