Main highlights:
- Deribit and Zodia Custody provide fully automated settlement of crypto derivatives trades through their exchange network.
- The system uses delivery versus payment (DvP) to reduce settlement risk and ensure that assets only move when all conditions are met.
- Institutional users gain full custody of their assets while making large-scale transactions, improving safety, speed, and efficiency.
Deribit announced today, November 26, 2025, via social media platform X, that Deribit and Zodia Custody have strengthened their partnership to fully automate the settlement of crypto derivatives trades. Previously, settlements required manual coordination between both parties, which was time-consuming and increased risk. With the new system, everything was done through automated API-based workflows and followed a clear rulebook.
Currently, trading uses a “delivery versus payment” setup, which means that assets only move if all settlement conditions are met. This reduces the chance of payment failures and increases the safety and transparency of Deribit transactions for institutional investors.
Deribit x Zodia Custody Integration Upgrade
Deribit has expanded its partnership with Zodia Custody to enable fully automated payments via the Interchange Network.
Payments are currently performed through API-driven workflows that follow a rulebook with delivery and payment logic. This… pic.twitter.com/vKxtXHzisq
— Deribit (@DeribitOfficial) November 26, 2025
Enhancement of automatic payment
Deribit, the world’s largest digital asset options exchange, and Zodia Custody, the first institutional digital asset platform backed by financial institutions such as Standard Chartered, Northern Trust and National Australia Bank, have joined forces to provide automated off-exchange trade settlement. The new system batches intraday transactions and automatically updates the balance in the user-specified wallet after each cycle.
All customer assets are securely stored in Zodia’s cold, air-gapped storage and completely segregated by customer and venue, supporting large transactions while maintaining strong organizational control.
Exchange network and payment risk reduction
Zodia Custody’s exchange network acts like a safe bridge for large institutional investors. This allows you to trade, lend, borrow, and use cryptocurrencies across different platforms without actually moving your assets from custody until the transaction is fully settled. This system uses “Delivery vs. Payment (DvP)”. This means that cryptocurrencies and payments are exchanged at the same time. This eliminates the risk of one party getting paid but the other not delivering.
Everything is recorded on-chain, giving clients complete transparency and clear evidence of every move. The network will also automatically handle gas fees, making the entire process smoother and more efficient for users.
Institutional security and efficiency
This partnership shows that Zodia Custody is serious about building a secure and advanced system for large institutions to store and settle cryptocurrencies. This setup allows Deribit users to trade smoothly and with more confidence while keeping their assets safe in a legally protected trust structure.
This means that if something goes wrong in the market, your funds will remain safe. The automated clearing system also eliminates the usual delays and complexities that make crypto trading difficult for institutional investors. Overall, it provides large traders with a safer, faster and more reliable environment to trade cryptocurrency derivatives at scale.
Strategic effects and future prospects
Leaders from both companies emphasized how important this upgraded system is to the future of institutional crypto trading. Zodia Custody’s chief product officer explained that the Interchange Network is designed to give large institutions complete trust and control without forcing them to give up custody of their assets.
Deribit’s Chief Commercial Officer added that this upgrade is a major step forward as it brings automatic payments while maintaining Deribit’s strong liquidity and smooth trading experience.
Both companies expect the partnership to grow further and continue to add stronger security and operational efficiencies.
Related article: Tokenized real-world assets: How RWA is transforming finance
