{"id":71455,"date":"2026-04-21T12:02:17","date_gmt":"2026-04-21T12:02:17","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitmex-joins-zodias-off-venue-settlement-network-to-ease-counterparty-risk\/"},"modified":"2026-04-21T12:02:17","modified_gmt":"2026-04-21T12:02:17","slug":"bitmex-joins-zodias-off-venue-settlement-network-to-ease-counterparty-risk","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitmex-joins-zodias-off-venue-settlement-network-to-ease-counterparty-risk\/","title":{"rendered":"BitMEX Joins Zodia\u2019s Off-Venue Settlement Network to Ease Counterparty Risk"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Zodia Custody added BitMEX to its Interchange network in Q1 2026 to secure institutional trading.<\/li>\n<li>The move reduces 100% of counterparty risk by keeping assets in cold storage during exchange trading.<\/li>\n<li>Standard Chartered plans to merge Zodia into its internal digital asset arm later in 2026.<\/li>\n<\/ul>\n<h2>Mitigating Counterparty Risk Through Asset Mirroring<\/h2>\n<p>Zodia Custody, the Standard Chartered-backed institutional digital asset platform, has integrated <span>cryptocurrency<\/span> exchange BitMEX into its Interchange off-venue settlement network. The move allows institutional traders to access BitMEX\u2019s derivatives markets while keeping their underlying assets secured within Zodia\u2019s <a href=\"https:\/\/news.bitcoin.com\/wazirx-preps-for-relaunch-with-zodia-custody-backed-by-banking-powerhouses\/\">regulated custody environment<\/a>.<\/p>\n<p>According to a <a href=\"https:\/\/x.com\/BitMEX\/status\/2046499328961970390\" target=\"_blank\" rel=\"noopener noreferrer\">media statement,<\/a> the integration uses collateral locking and asset mirroring, a process that ensures client funds remain in cold storage and are only moved during final settlement. This architecture is designed to mitigate counterparty risk \u2014 a primary concern for Tier 1 institutions following the collapse of several high-profile <span>centralized exchanges<\/span> in recent years.<\/p>\n<p>\u201cIn successfully launching BitMEX on the Interchange network, our clients gain direct access to a leading derivatives exchange without compromising custody of their assets,\u201d said Wing Cheah, head of interchange product at Zodia Custody. Cheah noted that the partnership provides professional traders with \u201cpeace of mind that their assets remain safely in cold storage until settlement.\u201d<\/p>\n<p>Mark Collins, head of custody for BitMEX, said the partnership reinforces the exchange\u2019s commitment to the security and transparency required by professional global clients.<\/p>\n<h2>Strategic consolidation at Standard Chartered<\/h2>\n<p>The BitMEX integration comes at a pivotal moment for Zodia Custody. Reports indicate that its majority shareholder, Standard Chartered, is planning a major structural shift to merge Zodia Custody with the bank\u2019s internal digital asset division.<\/p>\n<p>According to people familiar with the matter, the bank intends to house its various <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> initiatives under a single umbrella within its corporate and investment banking arm. This consolidation is expected to streamline Standard Chartered\u2019s digital asset roadmap, which currently spans brokerage, custody and tokenization projects.<\/p>\n<p>While Zodia Custody \u2014 which also counts SBI Holdings and National Australia Bank as investors \u2014 operates as a standalone entity, the internal merger suggests a deeper integration of digital asset infrastructure into traditional banking workflows. It is anticipated that Zodia will continue to offer its software-as-a-service (SaaS) custody solutions to external clients even as it becomes more central to Standard Chartered\u2019s core digital strategy.<\/p>\n<p>The addition of BitMEX, the pioneer of the perpetual swap, marks a significant <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> boost for the Interchange network. The platform has become a focal point for Zodia\u2019s growth strategy, acting as a bridge for institutions that require the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> of <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-cex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">centralized exchanges<\/a> but the safety of third-party, bank-grade custody.<\/p>\n<p>The service is currently available to <a href=\"https:\/\/news.bitcoin.com\/standard-chartered-opens-uk-branch-for-institutional-crypto-trading\/\">eligible institutional and professional clients<\/a> through Zodia Custody Limited (UK) in select jurisdictions, signaling a continued push for regulated market infrastructure in the first half of 2026.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitmex-joins-zodias-off-venue-settlement-network-to-ease-counterparty-risk\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Zodia Custody added BitMEX to its Interchange network in Q1 2026 to secure institutional trading. The move reduces 100% of counterparty risk by keeping assets in cold storage during exchange trading. Standard Chartered plans to merge Zodia into its internal digital asset arm later in 2026. [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":71456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71455"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71455"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71456"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}