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Sygnum adds off-exchange crypto custody to Deribit with Fireblocks tech

cryptoweekly by cryptoweekly
March 5, 2025
in bitcoin, News
0

Sygnum’s off-exchange custody platform allows traders to mirror assets held in Sygnum’s custody while trading on an exchange like Deribit.

Cryptocurrency banking firm Sygnum is partnering with crypto derivatives exchange Deribit to provide its off-exchange custody platform, Sygnum Protect.

On March 5, Sygnum officially announced the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, one of the world’s largest derivatives exchanges in crypto.

This new integration enables institutional Deribit traders to hold their assets in Sygnum’s institutional-grade custody while accessing Deribit’s broad trading offering and liquidity.

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Recent Posts
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
  • Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July
  • Connecticut Governor signs bill banning public officers from using BTC and other crypto assets

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