BitMEX, a crypto derivatives exchange that will soon operate a crypto spot marketplace, says it has now airdropped over 1.5 million BMEX tokens. BitMEX added that the BMEX Token Litepaper is now available as well.
BMEX is an ERC-20 token that provides rewards to its holders. The toke has a max supply of 450 million. The airdrop is part of a promotional initiative to boost BitMEX utilization following a year of transition.
Earlier this month, BitMEX announced its intent to acquire Bankhaus von der Heydt, a bank located in Munich, Germany. Subject to the approval by BaFin, the acquisition of the bank should be foundational to the company’s growth plans of providing compliant digital asset services.
Alexander Höptner, CEO of BitMEX, commented on the BMEX airdrop:
“Although this is a huge milestone for BitMEX users, it’s important to consider that we’re just at the beginning of our journey. Crypto is at the core of a massive shift from analogue to digital, and we’re positioning BitMEX to be a cornerstone of this new paradigm. BMEX is the token for true believers in this new era and will be the fuel we use to expand the BitMEX ecosystem.”