Crypto Updates

OKX and Komainu to Boost Institutional Crypto Trading

okx

OKX, the
world’s second-largest crypto exchange , has announced its integration with
Komainu Connect, a collateral management platform. This partnership will allow
institutional customers to execute secure, around-the-clock trading of
segregated assets under custody.

Komainu, a
regulated digital asset custody service provider, launched the Connect platform
in April 2023 to mitigate counterparty risks for clients. The service
eliminates the need for customers to store collateral with trading partners,
instead offering them the ability to keep assets in safe custody.

OKX’s
collaboration with Komainu is set to bridge the gap between secure custodial
services and continuous investment opportunities. The arrangement allows for
increased trust and innovation in the digital asset landscape, marking an
important step toward providing secure and compliant digital asset custody
solutions.

“We’re
paving the way for a new era of trust and innovation in the industry,” Nicolas
Bertrand, CEO at Komainu, commented. “The combination of OKX’s reputation
as a leading cryptocurrency exchange and our expertise in providing
institutional-grade custody services is what makes this partnership strategic.”

The head of
Komainu strategy, Sebastian Widmann, further underscored the rapid emergence of
Komainu Connect as a premier collateral management solution. He noted that the
partnership with OKX serves as a testament to the…

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