BitMEX to Offer Custody, Spot Trading to Expand Beyond Crypto Derivatives


Source: yahoo.com yahoo.com

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Cryptocurrency derivatives exchange BitMEX is looking to branch out with a suite of new product offerings. According to a blog post on Thursday, the Seychelles-based exchange is adding spot, brokerage, custody, information products and educational service. No time frame was given for when the products would be made available. The exchange also said it would be seeking “additional licenses in highly respected jurisdictions.” Derivatives are to remain at “the heart” of BitMEX’s business, however, according to the post. Related: Ether Price Hits New Record High as Analysts Anticipate Supply Drop Embattled BitMEX has undergone a major leadership reshuffle and hiring...