Sygnum adds off-exchange crypto custody to Deribit with Fireblocks tech
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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Author: Helen Partz
