DeFi Planet

Kingstown, St. Vincent and the Grenadines, December 10th, 2025, Chainwire

Bitunix exchange has announced new partnerships with Fireblocks, a global leader in digital asset security, and Elliptic, a top blockchain risk monitoring platform. As part of these collaborations, the world’s fastest-growing crypto exchange will integrate Fireblocks’ institutional-grade custody infrastructure and Elliptic’s advanced compliance tools, a major upgrade that reinforces Bitunix’s long-term commitment to building a secure, transparent, and institution-ready ecosystem.

Fireblocks is globally trusted by banks, asset managers, fintech companies, and top-tier crypto exchanges because of its industry-recognized security standards, strong infrastructure, and MPC technology. This partnership positions Bitunix among the most reputable institutions in the management of digital assets.

Stronger Security for Users’ Funds with Multi-Party Custody

At the core of the partnership with Fireblocks lies the implementation of the Multi-Party Computation (MPC) – based custody to replace traditional single private-key models.

This technology distributes critical material across multiple secure components, reducing the risk of unauthorized access. Fireblocks also introduces:

Policy-based approval workflows to prevent unauthorized transactions
Secure transfer infrastructure used by leading financial institutions
Operational tools that ensure efficient and safe asset management

These improvements bring a much stronger protection system for Bitunix’s users, while at the same time enabling the exchange to meet the needs of institutional and high-net-worth clients even better.

$42.5M Insurance as an Added Layer of Protection for Users

Under this collaboration with Fireblocks, Bitunix now also benefits from a total insurance coverage of $42.5 million, including digital asset crime insurance and additional protections against operational risks. This expanded coverage further strengthens user confidence and adds an extra safeguard against rare but serious incidents.

Elliptic Partnership Boosts Bitunix’s Fight Against Money Laundering and Terrorist Financing

Bitunix exchange is also strengthening its compliance operations through the use of Elliptic KYT (Know Your Transaction), a blockchain monitoring platform widely used by banks, major exchanges, fintech firms, and regulators.

Elliptic KYT allows Bitunix to track on-chain activity in real time and flag high-risk transactions, including funds linked to darknet markets, stolen assets, fraud-related flows, high-risk counterparties, and sanctioned entities.

By integrating this technology, Bitunix enhances its Know Your Customer, Anti-Money Laundering, and Counter-Terrorism Financing standards, reinforcing trust with institutional clients and regulatory partners. Together, Fireblocks and Elliptic form a dual security layer that further elevates Bitunix’s overall safety and compliance framework.

Building a Safer and More Scalable Exchange for the Future

Despite the drop in total losses, only in September 2025, centralized exchanges suffered $182 million in losses, marking a harder hit in Q3 compared to decentralized exchanges, according to reports. Hence, these partnerships represent an important milestone in the Bitunix exchange security roadmap.

The Fireblocks and Elliptic integrations are a major step in Bitunix exchange security and transparency strategy. They provide all users, including retail and institutional, with a security framework that includes secure custody, real-time AML monitoring, and risk controls.

“For this Bitunix security upgrade, we have partnered with several security providers, but the collaboration with Fireblocks and Elliptic certainly reconfirms our top priority: user protection. We want users to be 100% safe when using our exchange,” said Steven Gu, Chief Security Officer, at Bitunix.

Furthermore, these are not the only partnerships of Bitunix in terms of security, since the exchange has already partnered with trusted custodians like Cobo Custody and conducts frequent audits through firms such as Hacken and Salus. Moreover, the exchange maintains an additional $5 million insurance policy with Nemean Services to protect against unexpected incidents.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange trusted by more than 3 million users in over 100 countries. The company is committed to providing a transparent, compliant, and secure trading environment for all users. Bitunix offers a fast registration process and a user-friendly verification system supported by mandatory KYC to ensure safety and regulatory compliance. With global protection standards such as Proof of Reserves (PoR) and the Bitunix Care Fund, the exchange places strong emphasis on user trust and fund security. Its K-Line Ultra chart system delivers a seamless trading experience for both beginners and advanced traders, while leverage of up to 200x and deep liquidity make Bitunix one of the most dynamic platforms in the market.