Qualified cryptocurrency custodians BitGo and Copper have partnered to provide off-exchange settlement services for traders on the options exchange Deribit. Clients of BitGo and Copper can now trade spot and derivatives on Deribit while their assets are securely held in custody with BitGo Trust. The settlement process is facilitated through Copper's ClearLoop and the Go Network, enabling instant delivery versus payment (DvP) settlements between BitGo clients without bringing the assets on-chain. The collaboration aims to reduce settlement risks and provide a regulated and secure environment for trading.
Bitcoin Flashing Early Signs of Bullish Divergence, According to Crypto Analyst – Here’s His Outlook