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Global investment bank Nomura, digital asset security company Ledger, and pioneer digital asset investment house CoinShares, have partnered to launch a digital asset custody business for institutional investors.
Regulated by the JFSC and based in Jersey, new venture Komainu aims to be the first hybrid custodian offering safe-keeping for institutional client’s digital assets.
“The growth and maturity of the digital asset industry highlights the true potential for decentralised finance," Jean-Marie Mognetti, CEO and Co-founder of CoinShares, and CEO of Komainu, said.
"What this partnership has highlighted is the need for credible and solid service providers to support industry participants. Komainu bridges the gap by bringing financial expertise and capabilities for institutional clients to feel confident their assets are in safe hands.”
Jezri Mohideen, Global Chief Digital Officer, Wholesale at Nomura, added: “Through the joint venture between Nomura, Ledger and CoinShares we have successfully bridged the gap between legacy finance and emerging technology, establishing Komainu as a regulated and secure digital asset custody solution tailored to the needs of institutional clients.
"Komainu will act as foundational pillar to Nomura’s digital asset strategy, enabling the firm to further progress with its initiatives across the full digital asset value chain, thereby setting out to become one of the leaders in the institutional digital asset industry.”
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