Deribit Joins BitGo & Copper’s Revolutionary Off-Exchange Settlement System
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BitGo and Copper have introduced a new off-exchange settlement model, allowing investors to trade spot and derivatives on Deribit while keeping assets in BitGo’s regulated custody.
Using Copper’s Clearloop and BitGo’s Go Network, trades settle automatically without prefunding exchange accounts, reducing counterparty risk and improving capital efficiency. This model enhances security while enabling seamless asset deployment across multiple venues.
Deribit, a top derivatives exchange, now joins Go Network, giving traders a secure way to execute strategies. Company leaders see this as a major step toward safer and more efficient institutional crypto trading.
Clever Robot News Desk 21th February 2025