Sygnum’s integration into Deribit aims to mitigate counterparty risks by separating custody from direct exchange trading

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Sygnum’s integration into Deribit aims to mitigate counterparty risks by separating custody from direct exchange trading

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Sygnum and Deribit are now leveraging crypto custodian Fireblocks' "Off Exchange" service

“This allows the trading client to trade on Deribit without pre-funding the exchange. Importantly, this uses the exact same technical integration of Fireblocks Off Exchange, except the custodian would verify any settlements with the exchange,” Astle told Cointelegraph.

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Crypto news