BitMEX, the popular cryptocurrency derivatives exchange, today announced that it has used Fireblocks, a platform for custody, transfer and settlement of cryptocurrency and blockchain assets, to propel the development of the company’s next product offerings.
“We are excited to support BitMEX as it diversifies its product offerings, and with Fireblocks’ infrastructure, this can be done in the most scalable and secure manner. BitMEX’s growing customer base will also benefit from the secure use of their digital assets, ”said Michael Shaulov, CEO of Fireblocks.
As part of our “beyond derivatives” plans for BitMEX, BitMEX will expand its offerings to include Spot, Brokerage, Custody, Information Products and Academy. In the coming weeks, Fireblocks will help activate the USDT feature for its derivative product, with future developments also on the roadmap.
Alex Höptner, CEO of BitMEX, said: “Fireblocks will play an important role in our transformation strategy as we roll out a more diverse product set. Our users expect BitMEX to be secure, reliable and easy to use, and Fireblocks will help maintain and strengthen these core values as we move beyond derivatives.