BitMEX and Zodia Custody Push Institutional Crypto Derivatives Toward Off-Exchange Collateral

Risk manager in a secure custody vault monitors off-exchange collateral on a tablet for BitMEX via Zodia Interchange.

BitMEX and Zodia Custody have unveiled an integration that allows institutional clients to trade derivatives on BitMEX without pre-funding exchange accounts, a structure designed to keep collateral off the venue until settlement. The arrangement marks a meaningful shift in how custody and execution can be separated in institutional crypto markets, addressing a long-standing friction point […]