“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.”
Digital Prime Brokerage GCEX has partnered with Komainu, a joint venture between Nomura, Ledger, and CoinShares, to 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.
“Strategy of only working with regulated digital custody institutions across the globe”
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 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, said: “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.”
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 that comprises a technology-agnostic platform that covers regulation, regulated custody, the 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 been granted provisional regulatory approval by 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 digital assets offering. The digital asset and FX platform offering is supported by deep liquidity provided through partnerships with Tier 1 and trusted LPs, lending counterparties, and digital custody institutions.
