DBS, JPMorgan and Temasek to Create Blockchain-Based Payments Joint Venture

DBS, JPMorgan and Temasek to Create Blockchain-Based Payments Joint Venture

Cryptocurrency derivatives exchange BitMEX is looking to rebuild its brand through a new partner program it hopes will drive user traffic to the platform.

The “BitMEX Partner Programme” aims to connect users with trading tools to “enhance their trading experience” while simultaneously rewarding up to 12 fresh industry partners. The partners, in turn, will steer user activity to the platform, according to a press release shared with CoinDesk on Wednesday.

In order to achieve its goal, BitMEX said it will be working with its partners to build technical integrations into the exchange, including providing them with access to the platform's API, white-glove service and internal resources. In return, the partners are to receive a split of the commission pot paid by end-users. Rebates for trading integrations will also be rewarded to their partners.