Hidden Road Partners with Bitfinex After Bybit KYC Issues

Hidden Road, a prime brokerage backed by Citadel Securities, has partnered with Bitfinex exchange to offer institutional investors access to digital assets. This partnership comes after Hidden Road stopped working with Bybit in May due to Know Your Customer (KYC) and Anti-Money Laundering (AML) issues. Bitfinex, owned by iFinex, also owns Tether, the world's largest stablecoin. The partnership will provide Hidden Road's clients with access to a range of services, including derivatives trading, spot trading, peer-to-peer financing, over-the-counter (OTC) trading, margin trading, and more. Bybit, headquartered in Dubai, is known for its relatively light KYC policies. In early May, Bybit introduced mandatory KYC for users who withdraw more than 20,000 USDT per day.