OKX, a cryptocurrency exchange and Web3 technology company, has collaborated with Komainu, the C.I.-based digital asset custody service provider, and CoinShares, a European alternative asset manager specialising in digital assets, to enable CoinShares to conduct 24/7 trading through the OKX platform while assets are held in segregated custody with Komainu.
The collaboration ensures that collateral assets are securely held by Komainu in third-party custody to mitigate counterparty risks. The arrangement bridges the gap between institutional traders and top-tier trading platforms while providing clarity on rights, responsibilities and redress mechanisms. OKX previously partnered with Komainu to join the Komainu Connect platform, paving the way for the tripartite agreement with CoinShares, which owns a stake in Komainu.