Sygnum Bank expands its custody service, Sygnum Protect, to Deribit, the largest crypto options exchange, to reduce counterparty risks and enhance security.
Sygnum Protect provides institutional traders with liquidity and safety by keeping assets secure off-exchange, shielding them against cyber threats.
The integration of Deribit with Sygnum Protect allows institutional traders to trade on Deribit's contracts while benefiting from the bank-grade custody platform.
Fireblocks Off-Exchange solution enhances institutional adoption by providing secure custody and easy integration with the trading infrastructure.