DerivaDEX launches Bermuda-licensed derivatives exchange under DAO governance

CoinTelegraph

by Nate Kostar

February 18, 2026

The decentralized exchange has begun offering crypto perpetual swaps after receiving a test license from Bermuda’s regulator, operating under DAO governance and formal oversight. DerivaDEX has launched a Bermuda-licensed crypto derivatives platform, becoming what it says is the first DAO-governed decentralized exchange to operate under formal regulatory approval. According to a statement from the platform, the exchange received a T license from the Bermuda Monetary Authority and has begun offering crypto perpetual swaps trading to a limited number of advanced retail and institutional participants. The BMA’s T, or test license, is issued for a digital asset business seeking to test a proof of concept. Read more

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Originally published on CoinTelegraph on 2/18/2026