BitMEX and Zodia Custody launch secure off-exchange trading

BitMEX and Zodia Custody now offer institutional traders secure derivatives trading with segregated collateral custody, reducing operational and counterparty risks.

BitMEX has partnered with Zodia Custody to offer institutional and professional traders access to crypto derivatives trading, while ensuring their collateral is securely stored in Zodia’s segregated custody vaults. This integration leverages Zodia’s Interchange platform, enabling off-exchange settlement and eliminating the need for pre-funding exchange accounts. Clients can trade products such as perpetual swaps and futures directly on BitMEX, using assets like Bitcoin, Ethereum, USDT, and USDC as collateral. Throughout the process, traders retain full control over their funds, as the system mirrors client balances for execution and automates settlement. This collaboration addresses operational and counterparty risks highlighted by recent industry failures. By delivering institutional-grade security and supporting leverage up to 250x, the integration meets the growing demand for robust custody solutions in the digital asset market.