Komainu, the institutional gateway for digital assets backed by Laser Digital and Blockstream, announced that Deribit by Coinbase, the world’s largest digital assets options exchange, has joined its collateral management platform, Komainu Connect.

This partnership will enable institutional customers to conduct secure 24/7 trading utilising segregated assets under custody. Under this framework, clients can hold 100% of their assets in custody with Komainu, a regulated third-party custodian, whilst trading on the exchange, allowing clients to better manage their counterparty and settlement risk. This partnership underscores the continued importance of industry collaboration as the institutional digital asset ecosystem matures.

Komainu continues to expand its Komainu Connect platform, integrating with exchanges directly, and through various underlying technologies. This enables fast and efficient connections, allowing clients to access a wide range of trading venues and prime brokers. The Deribit exchange continues to expand custody partnerships based on client needs and preferences, supporting continued institutional growth for digital assets derivatives trading.

Key benefits include:

• Transparency: 100% of assets are held in on-chain, bankruptcy-remote segregated wallets, offering maximum transparency and legal clarity.
• Regulated custody: Assets held with a regulated custodian
• Daily settlement process: Enhancing liquidity and trading efficiency
• Holistic view of custody and collateral wallets: Clients benefit from dedicated, client-by-client segregated wallets
• Scale and support: The partnership offers broad asset support for collateral, including tokens like BUIDL, Lido’s staked ETH (sETH), and other institutional-grade assets.

Paul Frost Smith, Co-CEO at Komainu, said: “We are excited to welcome Deribit to our Komainu Connect platform. As our hedge fund clients and institutional investors look to capitalise on trading opportunities while maintaining asset security and regulatory compliance, Komainu Connect addresses that need. This collaboration will expand our ecosystem of trusted exchanges while combining secure, regulated custody, with seamless market access. Komainu is committed to best-in-class collateral management and is leading the industry in reducing settlement latency and cross-asset margining.”

Jean-David Péquignot, Chief Commercial Officer of Deribit by Coinbase added: “Institutional clients are looking for the highest level of security and efficiency. That is why we are delighted to partner with Komainu, whose regulated custodial solutions will provide our clients with greater scale and support for off-exchange custody. Deribit remains firmly committed to delivering secure, efficient and flexible solutions that cater to client needs. By expanding support for custody solutions, we aim to support increased institutional flows, and broadening our position as a leading digital assets derivatives exchange.”

Source: Komainu