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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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  • Pavel Durov warns France is experiencing societal collapse
  • Bitdeer to offer $330M convertible notes to expand operations
  • US DOJ files to seize $225M in crypto tied to pig butchering schemes
  • New York authorities freeze $300K linked to crypto scammers
  • Bitcoin supply squeeze intensifies as ‘ancient’ holders eclipse newly mined BTC
  • Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral
  • Chinese Central Bank pledges global expansion of digital yuan — Report

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