The cryptocurrency alternate and derivatives alternate BitMEX is searching for a purchaser and employed the impartial funding financial institution Broadhaven Capital Companions to facilitate the sale, in keeping with CoinDesk citing individuals accustomed to the matter.
BitMEX’s seek for a purchaser comes after a federal decide fined the alternate $100 million for violating the Financial institution Secrecy Act, a regulation mandating companies report suspicious monetary exercise to stop cash laundering, final month. BitMEX had beforehand pled responsible to violating the regulation in July 2024.
BitMEX is not the one agency reportedly trying to find a purchaser in 2025. The crypto derivatives alternate Deribit attracted consumers for a possible acquisition, which had one level included the digital asset alternate Kraken, although Deribit had but to formally enter a sale as of Jan. 14, The Block beforehand reported.
BitMEX recorded $15.12 million in spot market quantity in January, The Block’s Information Dashboard exhibits. The agency was co-founded in 2014 by Arthur Hayes.
The Block reached out to BitMEX and Broadhaven Capital Companions for remark.
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