Crypto derivatives platform is on sale, according to sources familiar with this case.
The report stated that the trading platform is claiming a buyer that Bitmex has listed the services of Broadhevan Capital Partners to help seal a deal. Broadwen Capital Partners is an investment banking provider that provides strategic and financial services solutions.
According to sources, according to the Bitmex Crypto publication coindsk, the input of Broadheven Capital is monitored to get a buyer, which reported on the development on Thursday, 27 February.
Two people are private for schemes, the report states, Bitmex appointed Broadhevan Capital Partners at the end of 2024.
While Bitmex, established in 2014, is allegedly looking for a new owner, many other deals in space suggest that the opponents are bidding for further dominance. Some of the top merger and acquisition development in space include the tug of war between the coinbase and the cracon for the authority of the acquisition derivative platform deribit.
Deribit Bitcoin (BTC) and Etreum (Eth) are the world’s major trading platforms for options. Dubai -based stage has recently revealed its plans to expand its services and products in Hong Kong.
Meanwhile, the discovery of traction in the derivatives market has seen the Prime brokerage firm Falcon Nap Trading firm Arbelos Market. Falconx’s deal for platforms earlier this year is part of the company’s expansion in the derivative market.
The report of Bitmex’s plans for a buyer comes after more than a month when an American judge ordered the exchange to pay a fine of $ 100 million on money-laundering violations. The exchange and its founders convicted the allegations in 2022 and paid another $ 110 million. Another convicted petition came in July 2024.
Allegations from 2020 prosecution said that Arthur Hayes resigned as the Chief Executive Officer of Bitmex. The US Department of Justice filed criminal allegations against Hayes and his Bitmex co-founders Ben Delo and Samuel Reid.
Officials alleged that the derivative platform had ignored the money-money laundering laws in search of revenue.
