BitMEX

BitMEX, a crypto derivatives exchange that will soon operate a crypto spot marketplace, says it has now airdropped over 1.5 million BMEX tokens. BitMEX added that the BMEX Token Litepaper is now available as well.

BMEX is an ERC-20 token that provides rewards to its holders. The toke has a max supply of 450 million. The airdrop is part of a promotional initiative to boost BitMEX utilization following a year of transition.

Earlier this month, BitMEX announced its intent to acquire Bankhaus von der Heydt, a bank located in Munich, Germany. Subject to the approval by BaFin, the acquisition of the bank should be foundational to the company’s growth plans of providing compliant digital asset services.