BitMEX To Make Europe A Crypto Center By Buying Bank In Germany

Cryptocurrency derivatives exchange BitMEX plans to acquire BXM Operations, founded by its CEO and CFO, and German bank Bankhaus von der Heydt.

BitMEX, from the official website January 18 BitMEX CEO in his statement on Alexander Hoptner and its CFO Stephen Lutz founded by BXM Operations company’s Germany’One of the first regulated institutions and one of the oldest banks in the country to offer digital asset services in Bankhaus von der Heydtannounced that it plans to acquire the

Planned purchase in Germany, Austria and Switzerland BitMEX Group, which will create a single hub for regulated crypto products. In addition to its global targets, it also has a say in the European market. will enable.

BXM Operations and Bankhaus von der Heydtcurrent owner of Dietrich von Boetticher, Germany’s banking and financial services regulator BaFinsigned a purchase agreement with the approval of . According to the description of the purchase mid 2022 expected to be completed. After the purchase is made, the bank will continue to operate as an independent institution and CEO Alexander Höptner and CFO Stephen Lutz if the bank to the supervisory board they will attend.

About the planned acquisition CEO Alexander Hoptner;

By combining Bankhaus von der Heydt’s regulated digital assets expertise with BitMEX’s crypto innovation and scale, I believe we can create a regulated crypto products hub in the heart of Europe.

made statements. CFO Stephen Lutz if;

Germany, Europe’s largest economy, combines strong regulations and legal steps to take an innovative approach to digital assets. This makes Germany special for the spread of BitMEX to Europe.

made statements.

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