BitMEX Seeks Buyer with Assistance from Broadhaven Capital Partners

BitMEX, co-founded by Arthur Hayes, is seeking a buyer. The exchange, known for popularizing perpetual futures, has engaged Broadhaven Capital Partners to assist with the sales process.

Key points:

• Increased M&A interest in crypto derivatives, with Kraken and Coinbase pursuing Deribit.
• FalconX expanded its business by acquiring Arbelos Markets.
• BitMEX faced legal issues in 2020, pleading guilty to anti-money laundering violations.
• Arthur Hayes resigned as CEO following criminal charges against the firm.

A spokesperson from BitMEX and Broadhaven did not comment on the acquisition plans.