Bitmex, the cryptocurrency exchange platform and the trading platform of co -founded derivatives in 2014 by Arthur Hayes, is looking for a buyer, according to two people with knowledge of the plans.
The historical exchange, which possibly made the perpetual future the most popular product among cryptographic merchants hungry for leverage, designated Boutique Investment Bank Broadhaven Capital Partners at the end of last year to help with the sales process, people said.
There has been a certain interest of mergers and acquisitions in the space of cryptographic derivatives in recent times. For example, it is said that the main Kraken and Coinbase exchanges are competing for the property of the principal demolition of cryptography options. Meanwhile, Falconx also bought arbelos markets earlier this year to expand its derivative business.
In 2020, it was alleged that Bitmex could not implement appropriate measures against money laundering in place, and then declared himself guilty of the charges. Hayes resigned as CEO shortly after the United States presented criminal charges, along with co -founders Ben Delo and Samuel Reed.
A Bitmex and Broadhaven spokesman declined to comment on acquisition plans.
Read more: What are cryptographic derivatives? A guide for beginners
