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Derive and Strands launch off-exchange custody for institutional derivatives trading, onchain

calendar_today January 27, 2026 person Nick Forster domain lyra

We’ve built an off-exchange custody model used in TradFi and centralized crypto markets directly to DeFi. Institutions and large holders can now trade options and perpetuals on Derive while assets remain fully secured in cold storage at the custodian of their choice.

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