Zodia Custody expands partnership with Deribit
26 November 2025 UK
Image: Hansa & Party/stock.adobe.com
Zodia Custody, a digital assets platform, announced an expansion of its partnership with Deribit by Coinbase.
Deribit now supports fully automated, rulebook-governed, off-exchange settlement through Zodia Custody’s Interchange network, which the firm says provides improved performance, predictability, and transparency.
The integration transforms settlement on Deribit from a manually coordinated process to one with end-to-end automation and an API-driven process governed by the Interchange Rulebook.
The network enforces delivery-versus-payment logic through its onchain engine, ensuring asset transfers only occur when both settlement conditions are met.
The firm says this significantly reduces settlement risk and provides auditable transparency for institutional participants.
Clients can trade crypto derivatives at scale while maintaining complete control over their assets under Zodia custody.
Deribit users leveraging Zodia Custody will now have trades settled in net batches, intraday, with balances automatically reflected in users’ nominated wallet after each settlement cycle.
Anoosh Arevshatian, chief product officer at Zodia Custody, says: “Interchange was built to give institutions the confidence to trade and deploy capital without surrendering custody of their assets.
“This expanded partnership with Deribit eliminates the friction and complexity that have previously limited institutional participation in crypto derivatives markets.”
Jean-David Péquignot, chief commercial officer of Deribit by Coinbase, adds: “This expanded work with Zodia Custody represents another significant step in providing our clients with automated, secure settlement capabilities while maintaining the deep liquidity and trading experience Deribit is known for.”
Deribit now supports fully automated, rulebook-governed, off-exchange settlement through Zodia Custody’s Interchange network, which the firm says provides improved performance, predictability, and transparency.
The integration transforms settlement on Deribit from a manually coordinated process to one with end-to-end automation and an API-driven process governed by the Interchange Rulebook.
The network enforces delivery-versus-payment logic through its onchain engine, ensuring asset transfers only occur when both settlement conditions are met.
The firm says this significantly reduces settlement risk and provides auditable transparency for institutional participants.
Clients can trade crypto derivatives at scale while maintaining complete control over their assets under Zodia custody.
Deribit users leveraging Zodia Custody will now have trades settled in net batches, intraday, with balances automatically reflected in users’ nominated wallet after each settlement cycle.
Anoosh Arevshatian, chief product officer at Zodia Custody, says: “Interchange was built to give institutions the confidence to trade and deploy capital without surrendering custody of their assets.
“This expanded partnership with Deribit eliminates the friction and complexity that have previously limited institutional participation in crypto derivatives markets.”
Jean-David Péquignot, chief commercial officer of Deribit by Coinbase, adds: “This expanded work with Zodia Custody represents another significant step in providing our clients with automated, secure settlement capabilities while maintaining the deep liquidity and trading experience Deribit is known for.”
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