GCEX partners with Komainu to expand Crypto custody offering
Digital Prime Brokerage GCEX has announced that it has partnered with Komainu, a joint venture between Nomura, hardware technology company Ledger, and digital asset investment manager CoinShares. The partnership will enhance GCEX’s offering of regulated custodians to its institutional and professional clients, providing an even greater choice of regulated custodians. Komainu currently supports custody for 34 native blockchains and 5,700 tokens. Assets are fully segregated from both those of Komainu and of other Komainu clients.
Lars Holst, Founder & CEO, GCEX explains,
“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 adds,
“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.”
About GCEX
Founded in 2018, GCEX enables brokers, hedge funds, and professional traders to access deep liquidity in digital assets and offers a range of technology solutions. Its modular ‘Crypto In A Box‘ plug-and-play trading solution comprises a technology-agnostic platform that covers regulation, regulated custody, the safety of funds, tier 1 liquidity, and technology (both backend and frontend).
GCEX has a rapidly growing global client base and offices in London, Copenhagen, Glasgow, Kuala Lumpur, and Dubai. It is regulated by the UK’s FCA and the Danish FSA and has secured investment from TGV4 Plus.
About Komainu
Komainu is a regulated digital asset custodian built by institutions for institutions, and created as a joint venture between Nomura, digital asset manager, CoinShares, and digital asset security company, Ledger. Offering multi-asset support with regulatory compliance, Komainu is merging traditional financial services with leading security standards for the next generation of institutional custody. Headquartered in Jersey and with offices in London, Dublin, Dubai, and Singapore, Komainu is Regulated by the Jersey Financial Services Commission (JFSC) and Dubai Virtual Assets Regulatory Authority (VARA).
Its registered address Komainu MEA FZE is a Free Zone Establishment with limited liability under the Dubai World Trade Center Authority, with registration number 2189, its registered address is at 01.10.02.01, Floor 1, The Offices 4 – One Central, Dubai World Trade Centre and it has been granted a Virtual Asset Service Provider Licence for the MVP phase by the Dubai Virtual Assets Regulatory Authority.