Dear BitMEX Users,
Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC.
The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations following a strategic review of the business.
It may not look the same today, but we are proud of our 11+ year legacy and the role we played in shaping the crypto industry. We invented the 100x leverage perpetual swap, which for most of you, was the first step to your crypto trading journey. It is now the most traded financial product in the crypto industry, adopted by thousands of users and exchanges. And we remain proud of our robust security infrastructure, which has allowed us to maintain a flawless track record of 0 customer funds lost to hacks in our entire operating history.
We want to reassure you that your assets remain fully safe and under your control during this transition period. This announcement is just to give enough time to ensure a smooth withdrawal process for everyone.
From today we strongly encourage all users to close their positions and withdraw their funds as soon as convenient. For more details on the full process, please read our blog: https://t.co/OOHeh6xHm8
BitMEX was once home to some of the greatest traders today. Our team has dedicated tremendous effort and passion into building the platform into what it is, and we are glad to have reached some of you during your time with us. To everyone who has traded, supported, and grown alongside us - thank you for your trust over the last 11 years.
The BitMEX Team
$1,000,000,000+ in tokenized stock TVL.
In less than 8 months, Ondo Global Markets became the first tokenized stock & ETF platform to reach $1 billion in TVL, one of the fastest climbs in the history of onchain finance.
Ondo Global Markets has established itself as the standard for tokenized stocks and ETFs:
→ Over 70% market share
→ Tens of thousands of holders
→ Over $18B in cumulative volume
→ Live across @solana, @BNBCHAIN & @ethereum
Since launch, the platform has scaled to 260+ tokenized stocks & ETFs, expanding access to the world's most in-demand sectors across AI, biotech, defense, energy, and more.
The pace of tokenization is accelerating with every new asset class. What took stablecoins and tokenized Treasuries years, Ondo tokenized stocks and ETFs achieved in under a year, faster than any asset class before them.
This milestone reflects a generational shift in how global investors access capital markets, one that is more transparent, more accessible, and more efficient than the legacy system.
One billion down. Trillions to go.
The world’s most in-demand markets:
✅ Oil
✅ Intel
✅ Gold
✅ Meta
✅ AMD
✅ Tesla
✅ Apple
✅ Circle
✅ Silver
✅ Oracle
✅ Netflix
✅ Nvidia
✅ US 100
✅ US 500
✅ Palantir
✅ Amazon
✅ Alphabet
✅ Coinbase
✅ Microsoft
✅ Robinhood
✅ MicroStrategy
All trading 24/7 on Ondo Perps Early Access with up to 20x leverage.
$900,000,000+ In Tokenized Stock TVL.
In under a year, tokenized stocks grew from near zero to $1.25B, with Ondo Global Markets now accounting for over $920M.
The world is catching on to what tokenized stocks make possible:
→ Global access
→ Productive collateral
→ Composable across DeFi
→ Freely transferable onchain
→ Instant settlement, no T+2 delays
The sector shows no signs of slowing, with Ondo Global Markets alone seeing over $17B in cumulative volume across tens of thousands of holders.
🔥 JUST IN: $114T+ custodian DTCC to pilot tokenized securities trading in July, with full launch set for October.
Over 50 TradFi and crypto firms involved, including BlackRock, JPMorgan, Goldman Sachs, Nasdaq, Circle, Ondo, Ripple Prime and more.
Ondo has been selected in DTCC's Industry Working Group to advance tokenization in the U.S.
@The_DTCC custodies over $114 trillion in assets and clears $3.7 quadrillion annually. It is now building a tokenization service designed to bring the core of U.S. capital markets onchain, with Ondo among the select firms contributing to its design.
Ondo will work alongside a set group of TradFi and DeFi firms, including BlackRock, Goldman Sachs, J.P. Morgan, Franklin Templeton, Morgan Stanley, Bank of America, Citadel Securities, NYSE Group, Circle, Fireblocks, Robinhood and more.
DTCC President and CEO Frank La Salla on the significance of the moment:
“We believe tokenization will significantly change how markets work and operate, bringing new levels of liquidity, transparency and efficiency to investors.”
The DTCC has been at the center of U.S. capital markets for over 50 years. Its decision to build a tokenization service, and to bring Ondo to the table alongside the world's leading financial institutions, reflects how far tokenization has come.
As the largest tokenizer of stocks and ETFs and one of the largest tokenizers of U.S. Treasuries, Ondo is well positioned to contribute to the work ahead and keep the U.S. at the forefront of global markets.
🚨 THIS COMPANY IS IS MAKING $20 BILLION A YEAR JUST BY HOLDING CASH.
Berkshire Hathaway's cash pile just hit a record $397 billion.
That’s larger than the entire GDP of countries like Portugal, Finland, and New Zealand.
And at current Treasury rates of around 5%, Berkshire is earning roughly $20 billion a year just by doing nothing.
The US Treasury's operating cash balance regularly sits below $800 billion. Berkshire is sitting on half of what the US government keeps in its checking account.
Also Berkshire Hathaway just reported earnings without Warren Buffett, for the first time in 60 years.
Buffett ran Berkshire for 60 years and turned a failing textile company into a $1 trillion conglomerate.
Over those 60 years Berkshire's stock gained 6,100,000%. The S&P 500 returned 39,000% over the same period.
Greg Abel's first quarterly report showed operating earnings up 18% to $11.35 billion and net income more than doubling to $10.1 billion from $4.6 billion a year ago.
The cash pile hit a new record of $397.4 billion, bigger than the GDP of most countries and Berkshire was again a net seller of equities, offloading $24.1 billion in stock against only $16 billion in purchases.
Despite all of this, Berkshire's stock is down 11.19% over the last year while the S&P 500 gained 29.5%.
The market is not sure yet if anyone can replace 60 years of Warren Buffett.
The numbers are strong,The cash is at a record, the profits doubled and the stock is still going down because investors are waiting to see what Greg Abel does with $397 billion that Buffett never spent.
Our thoughts are with everyone impacted by the floods in Sumatra.
Through Binance Charity, we’re providing $245,000 in relief, working with the Indonesian Red Cross and enabling direct airdrops to affected users to ensure support reaches quickly.
https://t.co/3aHYUftajf