July 27, 2021, 4:00 PM EEST
HELSINKI – Tesseract has partnered with BitMEX, the world’s most advanced peer-to-peer crypto-products trading platform, to become their official credit provider partner. The partnership will allow BitMEX clients to increase their capital efficiency by taking loans against their portfolios.
BitMEX’s offering includes perpetual swaps, traditional futures, and quanto futures for tens of trading pairs, including the likes of Bitcoin (BTC/XBT), Ethereum (ETH), and Uniswap (UNI). BitMEX’s XBTUSD perpetual swap is the most traded cryptocurrency product of all time. “Partnering with the industry-leading derivative trading platform is a big milestone in expanding our credit offering beyond institutions and retail-focused trading platforms. I’m thrilled that we have been able to partner with BitMEX on this front, and I believe our partnership will carry us both a long way in building a more secure and sustainable cryptocurrency industry”, commented Tesseract’s CEO Yichen Wu.