{"id":27830,"date":"2020-07-15T15:39:30","date_gmt":"2020-07-15T13:39:30","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=27830"},"modified":"2020-07-15T15:39:30","modified_gmt":"2020-07-15T13:39:30","slug":"bitmex-parent-hdr-global-launches-new-holding-company-to-enable-expansions-beyond-crypto","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitmex-parent-hdr-global-launches-new-holding-company-to-enable-expansions-beyond-crypto\/","title":{"rendered":"BitMEX Parent HDR Global Launches New Holding Company to Enable Expansions Beyond Crypto"},"content":{"rendered":"
HDR Global Trading<\/strong>, the parent company of popular cryptocurrency derivatives trading platform BitMEX has launched a new holding entity for all operations related to BitMEX. This includes ventures within and without the cryptocurrency space.<\/p>\n Dubbed 100x Group<\/strong>, the new holding company does not affect the current operating structure of HDR Global and neither does it affect that of BitMEX exchange.<\/p>\n \u201cBuilding on the success of BitMEX, the new 100x holding company structure will pursue a broader vision to reshape the modern digital financial system into one which is inclusive and empowering. 100x will become the holding structure for HDR and all their other assets, including the BitMEX platform,\u201d<\/em> a release published<\/a><\/strong> on Wednesday noted.<\/p>\n According to the release, 100x Group will represent a new structure to the operation of the HDR Global and its subsidiaries as well as offer a holding structure to any future expansions.<\/p>\n \u201cThis new structure provides the Group with more freedom to explore, incubate, and pursue new opportunities and investments, whilst remaining committed to enhancing BitMEX’s leadership position in the cryptocurrency exchange market.\u201d<\/em><\/p>\n <\/p>\n