OKCoin and HDR Global (the company that owns BitMEX) have partnered to provide a joint grant of $150,000 to Bitcoin (BTC) Core developer Amiti Uttarwar. This is the first time two competitor exchanges have come together to co-fund Bitcoin’s open source development.
The two exchanges have provided funding separately in the past with OKCoin providing grants to Fabian Jahr and BTCPay Server ($100,000) in February and May 2020, respectively. HDR has recently provided grants to the MIT DCI, Bitcoin Core maintainer Michael Ford ($150,000), and Bitcoin developer and researcher Gleb Naumenko ($100,000).