#None #Bybit #KOMAINU #CryptoTrading

Bybit Partners with Komainu for 24/7 Secure Trading

In a significant development for institutional cryptocurrency investors, Bybit, the world's second-largest cryptocurrency exchange by trading volume, has joined forces with Komainu, a regulated provider of digital asset services and custody, supported by Laser Digital and Blockstream. This partnership is aimed at offering secure, 24/7 trading for institutions, assuring them that their assets are safeguarded while they engage in trading activities.

Facilitating Trust and Security

The collaboration allows institutional clients to trade continuously while ensuring that their assets are securely held in a regulated custodian. This arrangement minimizes counterparty risks, thus providing a safer trading environment. Komainu offers a unique proposition where automated off-exchange settlement eliminates the requirement for pre-funding on the exchange, streamlining the process significantly.

Komainu Connect: Streamlining Access to Markets

Komainu's platform, Komainu Connect, is expanding by directly linking with exchanges, lenders, and brokers using advanced technology. This integration facilitates clients in establishing swift and seamless connections, granting them access to a broad network of market counterparties. The benefits of this strategic partnership encompass:

• - 100% Asset Security: All delegated assets held in secure wallets are mirrored on the exchange, ensuring complete security for institutional investments.
• - Off-Exchange Settlement: The necessity for pre-funding on the exchange is eliminated, simplifying operations for clients.
• - Transparent Asset Management: All assets are maintained in on-chain wallets that are protected from insolvency, ensuring maximum transparency and legal security.
• - Dedicated Custodial Wallets: Clients reap the benefits of dedicated, client-specific wallets enhancing security.
• - Wide Asset Coverage: Comprehensive support for an increasing array of assets with institutional grade backing.

Statements from Leadership

Paul Frost Smith, Co-CEO of Komainu, expressed enthusiasm about Bybit joining the Komainu Connect ecosystem. He pointed out that institutional investors are increasingly seeking avenues to harness market opportunities without compromising on security or compliance. Komainu Connect delivers a robust solution that merges regulated custody with seamless market access. He emphasized that this partnership not only broadens their list of trusted exchanges but also reinforces their commitment to creating a safer and more efficient trading landscape for active investors.

On the other hand, Yoyee Wang, Head of Business to Business Unit at Bybit, highlighted their ongoing priority to ensure trust and security for their clientele. She stated that this collaboration with Komainu is a proactive measure addressing their clients’ needs and enhancing their capabilities to provide secure, regulated custody, alongside the flexibility and scalability that clients expect.

Bybit: A Brief Overview

Bybit, established in 2018, has rapidly ascended to become the second-largest cryptocurrency exchange globally, with over 60 million users. Bybit is committed to redefining openness in the decentralized financial landscape by creating a more straightforward and equitable ecosystem for all. With a strong emphasis on Web3, Bybit forms strategic partnerships with leading blockchain protocols to deliver robust infrastructure and drive on-chain innovations. Renowned for its secure custody, diverse marketplace options, and user-friendly interface, Bybit strives to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi), empowering developers and enthusiasts to explore the full potential of Web3.

To learn more about Bybit and its offerings, visit Bybit.

About Komainu

Komainu operates as the institutional portal for digital assets with headquarters in Jersey and offices located in London, Dubai, and Singapore. The firm delivers bank-grade infrastructure to institutional investors, providing seamless, connected, and secure services under various jurisdictions. Komainu merges traditional financial services expertise with next-generation custody and securities standards for institutional digital asset management.

The Komainu services operate under the regulation of the Jersey Financial Services Commission and the Dubai Virtual Assets Regulatory Authority. For further information, explore Komainu.