Tuesday, June 24, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

Are the banks threatened with targeting by crypto companies?

by Roman B.
April 7, 2025
in Attractions
Reading Time: 4 mins read

Table of Contents

  • Coconuts and culture change
  • Compulsion to regulate and brutal upgrading
  • Banks: No future without change
  • Where do BitMEX and BvdH meet?
  • Signal effect and humility



Crypto exchanges don’t exactly enjoy the highest reputation in the traditional financial sector. Especially not when they specialize in derivatives and their former CEO was involved in scandals. The situation is very different with traditional private banks from Germany, which have stood for stability and reliability for centuries. Representatives of both genres have now come together through a purchase contract. We are talking about the BitMEX crypto derivatives exchange and the Bankhaus von der Heydt (BvdH) – we have reported.

Coconuts and culture change

Crypto derivatives house BitMEX hasn’t always had the best reputation. After BitMEX was targeted by authorities in 2020, the company threatened to dismantle itself. One of the founders and then CEO, Arthur Heyes, even fled from the prosecuting authorities until he surrendered in Hawaii in April 2021.

The crypto derivatives exchange has been accused of not taking anti-money laundering rules all that seriously. In addition to poor compliance, the company, which was formerly registered in the Seychelles, was suspected of not providing adequate investor protection. Especially since no one made a secret of the fact that officials in the deregulated tax haven had been bribed. Heyes was completely unabashed in public joked that coconuts would suffice.

Voters apparently realized just in time that such management is unsustainable to lead one of the largest crypto derivatives exchanges in the world into the future. They immediately swung around and hired Alexander Höptner as the new CEO of BitMEX. Höptner was previously the CEO of Boerse Stuttgart and had a good reputation in both the traditional and crypto finance world. Exactly the right man to credibly carry out a cultural change and steer the company into regulated channels.

Compulsion to regulate and brutal upgrading

What has been in the offing for months will crystallize in the coming months. There will only be two worlds left in the crypto economy: the highly regulated world and the DeFi world. Any crypto companies that are in the gray area in between will not be able to survive in the face of tightening regulations and competition from highly regulated financial service providers.

For CeFi, i.e. centrally organized crypto companies, the Wild West of 2017 is definitely over. The constant certification of how important the regulation is, company headquarters in the European Economic Area (EEA) and reputable managing directors with a corresponding track record are not only good manners, but also represent BitMEX’s flight forward.

With the purchase of Bankhaus von der Heydt, BitMEX is now putting a decisive foot in the door of the traditional financial services company. In times when it is foreseeable that practically every bank will offer crypto services within the next three years, this timely positioning can be seen as wise. From Volksbanken and Sparkasse to N26 and Revolut, the first crypto plans have finally been published in recent weeks.

Banks: No future without change

The M&A deal is by no means to be judged as one-sided. Not only are crypto service providers under particular pressure to act, but also traditional banks, whose business model is increasingly being called into question by the crypto economy. In order for the financial institution, founded in 1754, to be able to successfully celebrate its 300th anniversary, it has to get involved in the token economy. After all, old areas of income in the traditional banking sector and its margins are dwindling more and more.

As one of the first banks in Germany, it therefore specialized in tokenization at an early stage. After all, the BvdH is not a universal bank, but a specialist institute with a focus on investment services, private equity and corporate finance. Establishing oneself here as a tokenization professional and offering custody and asset management for digital securities, for example, makes perfect sense.

Where do BitMEX and BvdH meet?

One might wonder where the potential synergies lie between the two financial institutions, which at first glance appear to be fishing in completely different waters. The first level is in the area of ​​regulation. The BvdH has the relevant licenses for various financial services from BaFin. A provisional crypto custody license is already in place. On this basis, BitMEX could expand its product range by using the bank’s licensed services.

But Bankhaus von der Heydt can also offer professional and institutional customers a larger range of cryptocurrencies. For example, BvdH customers could access a wide range of cryptocurrencies. Crypto interest rate offers via lending or staking are also conceivable. It is, of course, pure speculation as to where concrete product cooperations will ultimately come about.

Signal effect and humility

The special thing about this M&A deal is the signal effect. Some bank executives may still see the crypto economy as a trend that does not affect their own business. The view that when in doubt you can simply buy in should also prevail on one or the other bank floor. Such deals, where it is the crypto companies that are the buy-side, should therefore instill some humility in the traditional finance world.

It’s no longer just about trading cryptocurrencies. Every area of ​​a bank, from securities to lending, is now being targeted by crypto companies. The valuation of some crypto companies already exceeds that of some banks. The BitMEX-BvdH deal is just the beginning. More such M&A transactions between banks and crypto companies are likely to follow in the coming months.

Metaverses Genesis Worlds, Gods Unchained and Heroes Chained announce news

  • Author
  • Recent Posts
Roman B.
Roman B.
I have 6 years of writing experience on several leading websites dealing with cryptocurrencies and other investments. I have been in the Web3 sector for a similar amount of time and have collaborated on several projects from NFT to P2E. My previous experiences: Business2Community.com, TradingPlatforms.com, CryptoSvet.
Roman B.
Latest posts by Roman B. (see all)
  • TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet - June 19, 2025
  • What is Altcoin: Unveiling the World of Alternative Cryptocurrencies in 2025 - June 18, 2025
  • Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching - June 12, 2025
Tags: BanksBitMexOpinion
Previous Post

How BTC brought a restaurant through the Corona crisis

Next Post

Does Raoul Pal only own one BTC?

Related Posts

Staking: Is it Just a Fancy Ponzi Scheme? Let's Get Real.
Uncategorized

Staking: Is it Just a Fancy Ponzi Scheme? Let’s Get Real.

June 11, 2025
Who Really Makes Bank on Memecoins – And Why It Ain't You, You Beautiful Degenerate
Attractions

Who Really Makes Bank on Memecoins – And Why It Ain’t You, You Beautiful Degenerate

June 4, 2025
Let’s Be Honest: Most Crypto Projects Are Just Bullshit Wrapped in a Sexy Website
Attractions

Let’s Be Honest: Most Crypto Projects Are Just Bullshit Wrapped in a Sexy Website

May 15, 2025
Ethereum Is Just a Pricier Solana – Let the Maxis Rage All They Want
Attractions

Ethereum Is Just a Pricier Solana – Let the Maxis Rage All They Want

May 14, 2025
What Exchanges Won’t Tell You – Part 2: Staking Scams & Launchpad Lies
Attractions

What Exchanges Won’t Tell You – Part 2: Staking Scams & Launchpad Lies

May 12, 2025
What Exchanges Won’t Tell You: How They’ll Milk You Even in a Bull Market - Part 1
Attractions

What Exchanges Won’t Tell You: How They’ll Milk You Even in a Bull Market – Part 1

May 12, 2025
Why You Should NEVER Hire a Hitman on the Darknet with Crypto (Unless You Want to Ruin Your Life)
Attractions

Why You Should NEVER Hire a Hitman on the Darknet with Crypto (Unless You Want to Ruin Your Life)

April 30, 2025
What If Russia Gets Its Way in Ukraine — Will It Impact Bitcoin’s Price?
Attractions

What If Russia Gets Its Way in Ukraine — Will It Impact Bitcoin’s Price?

April 25, 2025
Capital Will Dilute Into Billions of Cryptocurrencies—And Yes, Some Will Be Born on Mom’s Laptop
Attractions

Capital Will Dilute Into Billions of Cryptocurrencies—And Yes, Some Will Be Born on Mom’s Laptop

April 24, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

What is Altcoin: Unveiling the World of Alternative Cryptocurrencies in 2025

What is Altcoin: Unveiling the World of Alternative Cryptocurrencies in 2025

June 18, 2025
June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let's F***ing See.

June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let’s F***ing See.

June 11, 2025
How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

June 9, 2025
Dogecoin's Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

Dogecoin’s Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

June 6, 2025
The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

June 5, 2025
Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

June 12, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

June 23, 2025
To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro

To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro

June 23, 2025
Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

June 18, 2025

⭐ What Type of Crypto Investor Are You? (v2)

1. How do you DYOR (Do Your Own Research)?

2. Your first reaction to a 10x pump?

3. What’s your opinion on memecoins?

4. Where do you stake your crypto?

5. What’s your exit strategy?

6. How do you pick your next investment?

7. Favorite kind of airdrop?

8. What’s your approach to NFTs?

9. How do you store your crypto?

10. What's your long-term crypto goal?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.