RWATimes on Nostr: 📰 BitMEX Shuts Down as Crypto and TradFi Converge - Briefs Finance 🗓️ Jul 31 ...
📰 BitMEX Shuts Down as Crypto and TradFi Converge - Briefs Finance
🗓️ Jul 31 2026 22:27 UTC - Nate
BitMEX is closing after pioneering perpetual futures and extreme leverage. Its ideas now live on at both crypto venues and traditional exchanges.
➤ BitMEX, a pioneer in perpetual futures and extreme leverage in crypto trading, is shutting down due to regulatory pressures and increased competition.
➤ The innovative trading models popularized by BitMEX are now being adopted by both crypto exchanges (offering tokenized stocks and perpetuals) and traditional financial institutions (extending trading hours and introducing crypto derivatives).
➤ This convergence signifies a blurring of lines between crypto and TradFi, with traditional finance increasingly imitating crypto's playbook and vice versa, leading to a more globalized and competitive market landscape.
#bitmex #perpetualfutures #cryptotrading #tokenizedstocks #traditionalexchanges #regulation #cmegroup #kraken #coinbase #nyse
🔗 Read more at:
https://rwatimes.io/articles/briefs-bit-mex-shuts-down-as-crypto-and-trad-fi-converge-briefs-finance-369634251Published at
2026-08-01 12:37:20 UTCEvent JSON
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"content": "📰 BitMEX Shuts Down as Crypto and TradFi Converge - Briefs Finance\n🗓️ Jul 31 2026 22:27 UTC - Nate\n\nBitMEX is closing after pioneering perpetual futures and extreme leverage. Its ideas now live on at both crypto venues and traditional exchanges.\n\n➤ BitMEX, a pioneer in perpetual futures and extreme leverage in crypto trading, is shutting down due to regulatory pressures and increased competition.\n➤ The innovative trading models popularized by BitMEX are now being adopted by both crypto exchanges (offering tokenized stocks and perpetuals) and traditional financial institutions (extending trading hours and introducing crypto derivatives).\n➤ This convergence signifies a blurring of lines between crypto and TradFi, with traditional finance increasingly imitating crypto's playbook and vice versa, leading to a more globalized and competitive market landscape.\n\n#bitmex #perpetualfutures #cryptotrading #tokenizedstocks #traditionalexchanges #regulation #cmegroup #kraken #coinbase #nyse\n\n🔗 Read more at: https://rwatimes.io/articles/briefs-bit-mex-shuts-down-as-crypto-and-trad-fi-converge-briefs-finance-369634251",
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