BitMEX operator joins digital finance standards and advocacy

100x Group, BitMEX’s parent company and the holding structure for its platform, has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets. As a GDF patron board member, 100x will advocate for a more inclusive and better regulated digital financial system, BitMEX announced on Jan. 21.

The new partnership with GDF extends 100x’s efforts to promote collaboration between the public and private sectors to drive mainstream adoption of crypto. “Greater public-private collaboration is the only way to realise the wide-scale adoption of digital assets and we will be championing an advance in industry-wide operational standards and governance,” 100x Group CEO Alexander Höptner said.