GCEX, Lars Holst-headed digital prime brokerage, expanded its partnership with the custody platform Komainu to supply staking providers to its institutional {and professional} purchasers.
Komainu is a three way partnership between the funding financial institution, Nomura, the {hardware} expertise firm, Ledger, and the digital asset funding supervisor, CoinShares. Initially, GCEX partnered with the corporate final February to develop its crypto custody providers.
“We’re delighted to increase our partnership with Komainu, giving our purchasers entry to safe and compliant staking providers, enabling them to take part in staking rewards for digital property,” stated Holst, the Founder and CEO at GCEX. “We’re dedicated to offering our purchasers with the absolute best service, and this partnership is a testomony to that.”
Staking Is In style
Staking permits sure cryptocurrency holders to stake their holdings with blockchain validators and earn rewards. It has grow to be common as crypto holders can earn a proportion on their ideally stored cryptocurrencies.
Whereas regulators in America and some different international locations are cracking down on staking, platforms like Komainu supply these providers below the regulatory umbrella. Headquartered in Jersey, Komainu has workplaces in London, Dublin, Dubai, and Singapore. It’s regulated by the Jersey Monetary Providers Fee (JFSC) and the Dubai Digital Belongings Regulatory Authority (VARA).
“Including staking was a pure subsequent step in our suite of choices for GCEX purchasers,” Darren Jordan, the Head of Gross sales at Komainu, stated. “Providing custody alone doesn’t minimize it anymore; the market calls for extra progressive options, and purchasers require the utility of their property. That’s the reason Komainu constructed a collection of providers, together with regulated custody, staking, and collateral administration, and we’re happy to increase our partnership with GCEX Group to supply staking providers.”
In the meantime, GCEX, based in 2018, considerably expanded its geographical attain and merchandise. The corporate, recognized for providing foreign exchange and crypto liquidity, jumped into the buying and selling expertise house and launched two proprietary buying and selling platforms, one for crypto and one other for contracts for variations (CFDs).
On high of that, GCEX revealed its financials for 2022, which was a yr when its turnover jumped 136 % to £4.5 million. Moreover, it ended the yr with a web revenue of £1.5 million.
GCEX, Lars Holst-headed digital prime brokerage, expanded its partnership with the custody platform Komainu to supply staking providers to its institutional {and professional} purchasers.
Komainu is a three way partnership between the funding financial institution, Nomura, the {hardware} expertise firm, Ledger, and the digital asset funding supervisor, CoinShares. Initially, GCEX partnered with the corporate final February to develop its crypto custody providers.
“We’re delighted to increase our partnership with Komainu, giving our purchasers entry to safe and compliant staking providers, enabling them to take part in staking rewards for digital property,” stated Holst, the Founder and CEO at GCEX. “We’re dedicated to offering our purchasers with the absolute best service, and this partnership is a testomony to that.”
Staking Is In style
Staking permits sure cryptocurrency holders to stake their holdings with blockchain validators and earn rewards. It has grow to be common as crypto holders can earn a proportion on their ideally stored cryptocurrencies.
Whereas regulators in America and some different international locations are cracking down on staking, platforms like Komainu supply these providers below the regulatory umbrella. Headquartered in Jersey, Komainu has workplaces in London, Dublin, Dubai, and Singapore. It’s regulated by the Jersey Monetary Providers Fee (JFSC) and the Dubai Digital Belongings Regulatory Authority (VARA).
“Including staking was a pure subsequent step in our suite of choices for GCEX purchasers,” Darren Jordan, the Head of Gross sales at Komainu, stated. “Providing custody alone doesn’t minimize it anymore; the market calls for extra progressive options, and purchasers require the utility of their property. That’s the reason Komainu constructed a collection of providers, together with regulated custody, staking, and collateral administration, and we’re happy to increase our partnership with GCEX Group to supply staking providers.”
In the meantime, GCEX, based in 2018, considerably expanded its geographical attain and merchandise. The corporate, recognized for providing foreign exchange and crypto liquidity, jumped into the buying and selling expertise house and launched two proprietary buying and selling platforms, one for crypto and one other for contracts for variations (CFDs).
On high of that, GCEX revealed its financials for 2022, which was a yr when its turnover jumped 136 % to £4.5 million. Moreover, it ended the yr with a web revenue of £1.5 million.
