Crypto derivatives exchange BitMEX enlists Fireblocks to drive the development of new offerings

BitMEX, the popular cryptocurrency derivatives exchange, today announced that it has enlisted Fireblocks, a cryptocurrency and blockchain-asset custody, transfer, and settlement platform, to propel the development of the company’s forthcoming product offerings.

“We’re thrilled to support BitMEX as it diversifies its product offerings, and with Fireblocks’ infrastructure, it can be done in the most scalable and secure way. BitMEX’s growing customer base will also benefit from utilizing their digital assets securely, ” said Michael Shaulov, CEO of Fireblocks.

As part of our BitMEX’s ‘beyond derivatives’ plans, BitMEX will be expanding its offerings to include Spot, Brokerage, Custody, Information Products, and Academy. In the coming weeks, Fireblocks will help enable USDT functionality for its derivatives product, with future developments also on the roadmap.

“We chose to integrate Fireblocks’ technology as they’re trusted by many of the industry’s biggest exchanges and protocols, and we have been deeply impressed by their commitment to the highest level of innovation,” said Alex Höptner, CEO of BitMEX. “Fireblocks will play an important role in our transformation strategy as we quickly roll out a more diversified product set. Our users expect BitMEX to be secure, reliable, and easy-to-use, and Fireblocks will help to maintain and strengthen these core values as we evolve beyond derivatives.”

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