13 February 2023 – Digital Prime Brokerage GCEX (GCEX Group), today announced that it has partnered with Komainu, a joint venture between Nomura, hardware technology company, Ledger, and digital asset investment manager, CoinShares. The partnership will 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.
Lars Holst, Founder & CEO, GCEX explains, “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, Komainu adds, “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. Its modular ‘Crypto In A Box‘ plug-and-play trading solution comprises a technology-agnostic platform that covers regulation, regulated custody, the safety of funds, tier 1 liquidity, and technology (both backend and frontend).
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.
About GCEX
Founded in 2018, GCEX is a pioneering regulated digital prime brokerage with a best-of-breed digital asset and FX platform for institutional and professional clients. GCEX has partnerships with Tier 1 trusted Liquidity Providers, leading counterparties and regulated digital custody asset institutions. GCEX offers a wide range of products and technology solutions including White Labels.
GCEX is a trading name of GC Exchange Limited and GC Exchange A/S. GC Exchange Limited is a company incorporated in England and Wales (No11382809) with registered address at 75 King William Street, London. EC4N 7BE. GC Exchange Limited is authorised and regulated by the Financial Conduct Authority (FRN 828730).
Digital asset services are provided by GC Exchange A/S, a company incorporated in Denmark (CVR 43088777) with address at Amager Strandvej 390, 2770, Kastrup. GC Exchange A/S is authorised by the Danish Financial Supervisory Authority as a Currency Exchange (FTID 45020) and registered as a Virtual Asset Service Provider (FTID 17524) under the AML regulation.
GC Exchange FZE is incorporated as a Limited Liability Free Zone Establishment under the Dubai World Trade Center Authority with registration number 1896. The firm 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.
About Komainu
Komainu is a regulated digital asset custodian built by institutions for institutions, and created as a joint venture between Nomura, digital asset manager, CoinShares, and digital asset security company, Ledger. Offering multi-asset support with regulatory compliance, Komainu is merging traditional financial services with leading security standards for the next generation of institutional custody. Headquartered in Jersey and with offices in London, Dublin, Dubai, and Singapore, Komainu is Regulated by the Jersey Financial Services Commission (JFSC) and Dubai Virtual Assets Regulatory Authority (VARA).
Its registered address Komainu MEA FZE is a Free Zone Establishment with limited liability under the Dubai World Trade Center Authority, with registration number 2189, its registered address is at 01.10.02.01, Floor 1, The Offices 4 – One Central, Dubai World Trade Centre and it has been granted a Virtual Asset Service Provider Licence for the MVP phase by the Dubai Virtual Assets Regulatory Authority.
Komainu (Jersey) Limited is a private limited company with registration number 127169 and its registered address at 3rd Floor, 2 Hill Street, St. Helier, Jersey, JE2 4UA, Channel Islands and is regulated by the Jersey Financial Services Commission in the conduct of Fund Services Business pursuant to the Financial Services (Jersey) Law 1998, as amended.
