OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions
OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through the OKX platform.
Where To Now As Bitcoin Says Goodbye To Exchanges
After the failure of custodians like Celsius, FTX, and others, cryptocurrency holders have been pushed towards self-custody. This trend, which began in 2020 primarily thanks to the emergence of onchain decentralized finance solutions, has accelerated massively in 2022.
In the Wake of the FTX Collapse, What Is the Future of Custodians in Crypto?
The recent collapse of FTX has highlighted the inherent conflict of interest when exchanges act as both market maker and custodian. But as Finoa co-founder Henrik Gebbing explains, there are better custody options.
Report reveals slow progress in the crypto custody sector
In its second major survey of providers in the crypto custody sector, Digital Assets Custody finds limited progress in the space since 2019.