GCEX partners with Komainu to boost supply of regulated crypto custodians: 5,700 tokens
“Komainu was the ideal partner for us because it is backed by Nomura, and has a strong presence in Europe and the UAE. Our partnership with Komainu is in line with our strategy of working only with regulated digital depository institutions worldwide.”
Digital Prime Brokerage GCEX has partnered with Komainu, a joint venture between Nomura, Ledger and CoinShares, to enhance GCEX’s regulated custodian offering to its institutional and professional clients, providing an even wider range of regulated custodians.
Komainu currently supports custody of 34 native blockchains and 5,700 tokens. Assets are completely separate from both Komainus and other Komainus customers.
“Strategy to work only with regulated digital detention facilities worldwide”
Lars Holst, Founder and CEO at GCEX, commented: “Komainu was the ideal partner for us because it is backed by Nomura, and has a strong presence in Europe and the UAE. Our partnership with Komainu is in line with our strategy of working only with regulated digital depository institutions worldwide.”
Darren Jordan, Head of Sales at Komainu, said: “Working with GCEX is in line with our core values of offering 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 shared commitment to keeping our clients’ assets segregated and secure.”
GCEX enables brokers, hedge funds and professional traders to access deep liquidity in digital assets and offers a range of technology solutions.
The firm boasts a modular ‘Crypto In A Box’ plug-and-play trading solution comprising a technology-agnostic platform covering regulation, regulated custody, safety of funds, tier 1 liquidity and technology (both backend and frontend).
GCEX regulated by UK FCA, Danish FSA and Dubai’s VARA
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.
GCEX MENA has received preliminary regulatory approval from the Virtual Assets Regulatory Authority in Dubai (VARA) to operate as a crypto exchange and is part of the Dubaiverse community.
Last year, the company launched 24/7 FX trading for institutional and professional clients, mirroring its offering of digital assets. The digital asset and currency platform offering is supported by deep liquidity provided through partnerships with Tier 1 and trusted LPs, lending counterparties and digital custodians.
