OKX partners with Komainu and CoinShares for institutional segregated asset trading
OKX teams up with Komainu and CoinShares for institutional asset trading. CoinShares trades on OKX, while Komainu safeguards assets, mitigating counterparty risks. The collaboration establishes a legally robust mechanism, enhancing the reliability of institutional transactions. In a strategic move aimed at fostering institutional adoption of digital assets, cryptocurrency exchange OKX has entered into a partnership with custody provider Komainu and asset manager CoinShares. This collaboration, designed to facilitate round-the-clock trading of segregated assets, addresses a crucial concern for institutional traders—counterparty risks. The partnership comes right on the heels of another OKX partnership with Polygon that saw OKX launch a ZK-powered L2 network built with Polygon CDK. Mitigating counterparty risks with a traditional touch In this innovative partnership, CoinShares will execute trades on the OKX exchange, while Komainu, functioning as a th...