The partnership seeks to offer eligible clients a more secure and capital-efficient way of accessing digital asset liquidity through the Spotex institutional electronic communication network
Eligible institutional clients will gain access to Derive’s onchain derivatives markets, with collateral held at US-chartered BitGo Bank & Trust, intended to support more capital-efficient onchain markets
Within the firm’s Investment Services division, Custody for Asset Managers will be headed by Wally Barys, bringing together specialised expertise, global market access, and a more streamlined experience for asset managers
Clients will be able to execute institutional-grade bilateral digital asset lending workflows, with BitGo providing regulated custody and offchain, real-time settlement through the Go Network, its institutional settlement infrastructure
The integration extends Trever’s connectivity, bringing a prime brokerage relationship into the existing workflows institutional teams use across their digital asset operations
