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Industry news

GCEX partners with Komainu to enhance regulated custodian offering


14 February 2023 Denmark
Reporter: Jenna Lomax

Generic business image for news article
Image: GCEX
Digital prime brokerage GCEX (GCEX Group) has partnered with Komainu to widen its offering of regulated custodians for its institutional and professional clients.

Komainu is a joint venture between the Japanese financial company Nomura, hardware technology company, Ledger, and digital asset investment manager, CoinShares.

Komainu currently supports custody for 34 native blockchains and 5,700 tokens.

Offering a range of technology solutions, GCEX enables brokers, hedge funds, and professional traders to access liquidity in digital assets.

GCEX has a growing global client base and offices in London, Copenhagen, Glasgow, Kuala Lumpur, and Dubai. It is regulated by the UK’s Financial Conduct Authority and the Danish Financial Supervisory Authority.

Lars Holst, founder and CEO of GCEX, says: “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 at Komainu, comments: “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.”
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