Cryptocurrency exchange OKX has partnered with custody provider Komainu and asset manager CoinShares to promote institutional adoption of digital assets. The collaboration aims to address counterparty risks by enabling round-the-clock trading of segregated assets. CoinShares will execute trades on the OKX exchange, while Komainu will act as a third-party custodian to safeguard the collateral assets. This partnership seeks to instill confidence in institutional clients by mirroring traditional financial market practices and providing a legally robust mechanism for asset management. The move aligns with the industry’s focus on enhancing infrastructure and risk management practices to attract traditional finance investors.
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Information |
Details |
Geography |
Global |
Countries |
|
Sentiment |
positive |
Relevance Score |
1 |
People |
Lennix Lai, Sebastian Widmann |
Companies |
CoinShares, Komainu, OKX, Polygon CDK |
Currencies |
None |
Securities |
None |