Komainu, the cryptocurrency custody joint venture between Nomura, Ledger and CoinShares, has announced its new offering for institutional clients. Called Komainu Connect, it allows its customers to deploy their digital assets as collateral, while remaining in segregated custody and verifiable on chain. This aims to capitalize on the need for more matured crypto infrastructure in the wake of issues such as FTX collapsing. By providing clients with more secure custody, the project works towards the goal of regulation accelerating and the digital asset value chain requiring segregation.

Komainu’s Head of Strategy, Mr. Sebastian Widmann, explains the difference between their services and those of other custodians and prime brokers. “The focus of Komainu from day one was to stay in the custodial space and not take counterparty risk offering trading services or lending services,” he said. “Our new collateral management service allows clients to have specific wallets within Komainu with visibility to third party liquidity providers and exchanges for trading on venue, with Komainu really doing the settlement.”

In addition to Komainu Connect, the venture has scaled-up staking for the upcoming Ethereum Shanghai hard fork. Beyond Ethereum, Komainu currently supports Solana, Polkadot, and Tezos tokens, so clients can benefit from staking as well as collateral management. These services are in line with the project’s goal of providing secure and regulated custody services to financial institutions, allowing them to benefit from digital asset-related activities while keeping their assets safe.



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