How Zodia Custody's BitMEX Integration Quietly Rewires Institutional Crypto Market Structure
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This story was originally published on HackerNoon at: https://hackernoon.com/how-zodia-custodys-bitmex-integration-quietly-rewires-institutional-crypto-market-structure.
BitMEX goes live on Zodia Custody's Interchange, letting institutions trade derivatives while assets stay in bank-grade cold storage until settlement.
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BitMEX, the exchange that invented the perpetual swap, is now live on Zodia Custody's Interchange off-venue settlement network. Clients trade on BitMEX while assets stay in bank-grade cold storage until settlement. After FTX's $12.7B judgment and Bybit's $1.5B hack, the move is less a product launch and more a structural signal that execution and custody have decoupled in institutional crypto.
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