"The integration uses collateral locking and asset mirroring, a process that ensures client funds remain in cold storage and are only moved during final settlement."
"This architecture is designed to mitigate counterparty risk a primary concern for Tier 1 institutions following the collapse of several high-profile centralized exchanges in recent years."
"In successfully launching BitMEX on the Interchange network, our clients gain direct access to a leading derivatives exchange without compromising custody of their assets."
Zodia Custody has integrated BitMEX into its Interchange network, enabling institutional clients to trade derivatives while keeping assets in secure cold storage. This integration employs collateral locking and asset mirroring to mitigate counterparty risk, a significant concern for institutions after recent exchange collapses. The partnership allows clients to access BitMEX's derivatives markets without compromising asset custody. Standard Chartered plans to merge Zodia into its digital asset arm later in 2026, further enhancing its offerings in the digital asset space.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]