Ethena, the synthetic dollar protocol, has forged a strategic partnership with Ceffu, aimed at leveraging the MirrorX solution on Binance. This collaboration signifies a milestone in facilitating off-exchange settlement and enhancing liquidity access for institutional clients.
The partnership entails the integration of MirrorX with Binance Exchange since Ethena’s public launch in February 2024. Through this collaboration, institutional clients like Ethena can benefit from frequent settlement of derivatives positions and access to a wide range of products and markets available on Binance.
Guy Young, CEO & Founder of Ethena Labs, expressed enthusiasm about the partnership, highlighting its pivotal role in accessing centralized liquidity via off-exchange settlement. Ian Loh, Executive Vice President of Ceffu, emphasized the value-add of MirrorX in increasing capital allocation with mitigated exposure on Binance.
MirrorX enables institutional clients to deposit assets in Ceffu’s cu
We współpracy z: https://coingape.com/ethena-partners-with-ceffu-for-mirrorx-solution-on-binance/
