GCEX teams up with Komainu to boost custodian offering

Digital Prime Brokerage GCEX (GCEX Group), today revealed its collaboration with Komainu, a joint venture between technology company Nomura, digital asset investment manager Ledger, and CoinShares.

The partnership aims to expand GCEX’s offering of regulated custodians to its institutional and professional clients and provide a greater choice of regulated custodians.  Currently, Komainu supports custody for 34 native blockchains and 5,700 tokens. Komainu client assets are fully segregated from those of Komainu.

Lars Holst, Founder & CEO, GCEX, commented:

Lars Holst, GCEX

Lars Holst

Komainu was the ideal partner for us because it is backed by Nomura, and has a strong presence in Europe and UAE. Our partnership with Komainu aligns with our strategy of only working with regulated digital custody institutions across the globe.

Darren Jordan, Head of Sales, Komainu added:

Darren Jordan, Komainu

Darren Jordan

Working with GCEX aligns with our core values to offer institutional investors a regulated digital asset custody solution, while remaining a designated third party. With an increasing focus on counterparty risk, our partnership further reinforces our joint commitment to keep our clients’ assets segregated and secure.”

GCEX provides brokers, hedge funds, and professional traders with access to deep liquidity in digital assets and offers a range of technology solutions. The brokerage is growing global client base and offices in London, Copenhagen, Glasgow, Kuala Lumpur, and Dubai. GCEX is regulated by the UK FCA and Danish FSA and has recently obtained investment from TGV4 Plus.

Tags:

Read Also: