DerivaDEX has begun offering crypto perpetual swaps after obtaining a test license from Bermuda’s regulator and moving to DAO governance. The move pairs on‑chain governance with formal oversight, aiming to bridge DeFi derivatives and regulated markets.
Bermuda has struck a partnership with Coinbase and Circle to develop a fully on-chain economy, leveraging its 2018 regulatory framework to attract crypto businesses. The move aims to make payments, settlements and financial services native to blockchain rails.