On January 18th, according to official news, BitMEX announced that its BXM Operations AG plans to acquire German Bankhaus von der Heydt Bank. The transaction is currently subject to the approval of BaFin, the German financial services regulator. The acquisition is expected to be completed in mid-2022. , after the acquisition, the bank will continue to operate as a separate business unit.
BitMEX CEO Alexander Höptner said that BitMEX will establish a one-stop shop for regulated crypto products in Germany, Austria and Switzerland, by combining Bankhaus von der Heydt’s expertise in regulated digital assets with BitMEX’s crypto innovation and scale, BitMEX's business in Europe will benefit from this.
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