New Digital Asset Exchange to Join Komainu Connect
ST HELIER, JERSEY, October 17, 2023 – Komainu, a regulated digital asset custody service provider built by institutions for institutions today announced that Gate.io, a leading digital asset exchange serving millions of users, became the latest exchange to join its collateral management platform Komainu Connect.
Launched in April, Komainu Connect reduces client counterparty risk by removing the need to store collateral with trading counterparties, and offering the ability to keep assets in safe custody instead. Once the partnership kicks off, Gate.io’s institutional clients can soon have custody of their digital assets with Komainu, while trade on Gate.io without the need to transfer their assets, ensuring a more secure and independent investment experience.
Darren Jordan, Head of Sales at Komainu, said: “We are delighted to add another leading exchange to our growing collateral management ecosystem. With the addition of Gate.io and a healthy pipeline of participants, we will continue to provide a vibrant and evolving offering for our clients.”
Dr. Lin Han, Founder and CEO of Gate.io, said: “Gate.io prioritizes safety and security for our clients. One of the solutions we offer is enabling our clients to better safeguard their assets. We have been committed to promoting our clients' confidence by leading the industry in publishing 100% audited Proof-of-Reserve reports and making our on-chain wallet holdings available for public viewing. We share the same goal with Komainu.”
Komainu was established in 2018 to provide institutions with a secure and compliant custody service for investment in digital assets. Launched in June 2020, Komainu currently custodies assets for exchanges, financial institutions, asset managers, corporations, and government agencies.
Created as a joint venture between Nomura, digital asset manager Coinshares and Digital asset security company Ledger and headquartered in Jersey, with offices in London, Dublin, Dubai and Singapore, Komainu is a regulated digital asset custodian built by institutions for institutions. Offering multi-asset support with regulatory experience, Komainu merges traditional financial services with leading security standards for the next generation of institutional custodian.
Komainu (Jersey) Limited is regulated by the Jersey Financial Services Commission (JFSC). Komainu UK is Registered with the UK Financial Conduct Authority (FCA) FRN: 985974. Komainu MEA FZE is regulated by the Dubai Virtual Assets Regulatory Authority (VARA). Komainu Europe S.r.l has an OAM registration in Italy. For more information, visit https://www.komainu.com.
Media Contact: Armel Leslie, Peaks Strategies, +1 (914) 320-7620, firstname.lastname@example.org
Established in 2013, Gate.io has consistently ranked among the top 10 exchanges. It is a full-service digital asset exchange platform covering millions of users around the world. The company prides itself on providing industry-leading security in addition to having been audited to show 100% proof of reserves. Gate.io operates globally and is always committed to complying with the applicable laws where it operates. Gate.io offers a wide range of trading products and institutional services in relation to digital asset trading around the world. For more information, visit https://www.gate.io
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Gate Institutional: firstname.lastname@example.org