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} know-how 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 belongings,” stated Holst, the Founder and CEO at GCEX. “We’re dedicated to offering our purchasers with the very 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 turn out to be standard as crypto holders can earn a proportion on their ideally stored cryptocurrencies.
Whereas regulators in America and some different nations are cracking down on staking, platforms like Komainu supply these providers beneath the regulatory umbrella. Headquartered in Jersey, Komainu has places of work 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 lower it anymore; the market calls for extra modern options, and purchasers require the utility of their belongings. That’s the reason Komainu constructed a set of providers, together with regulated custody, staking, and collateral administration, and we’re happy to increase our partnership with GCEX Group to offer staking providers.”
In the meantime, GCEX, based in 2018, considerably expanded its geographical attain and merchandise. The corporate, identified for providing foreign exchange and crypto liquidity, jumped into the buying and selling know-how house and launched two proprietary buying and selling platforms, one for crypto and one other for contracts for variations (CFDs).
On prime of that, GCEX printed its financials for 2022, which was a 12 months when its turnover jumped 136 % to £4.5 million. Moreover, it ended the 12 months 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} know-how 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 belongings,” stated Holst, the Founder and CEO at GCEX. “We’re dedicated to offering our purchasers with the very 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 turn out to be standard as crypto holders can earn a proportion on their ideally stored cryptocurrencies.
Whereas regulators in America and some different nations are cracking down on staking, platforms like Komainu supply these providers beneath the regulatory umbrella. Headquartered in Jersey, Komainu has places of work 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 lower it anymore; the market calls for extra modern options, and purchasers require the utility of their belongings. That’s the reason Komainu constructed a set of providers, together with regulated custody, staking, and collateral administration, and we’re happy to increase our partnership with GCEX Group to offer staking providers.”
In the meantime, GCEX, based in 2018, considerably expanded its geographical attain and merchandise. The corporate, identified for providing foreign exchange and crypto liquidity, jumped into the buying and selling know-how house and launched two proprietary buying and selling platforms, one for crypto and one other for contracts for variations (CFDs).
On prime of that, GCEX printed its financials for 2022, which was a 12 months when its turnover jumped 136 % to £4.5 million. Moreover, it ended the 12 months with a web revenue of £1.5 million.