<p>GCEX, a
digital prime brokerage offering foreign exchange (FX) and crypto services to institutional
clients, has announced its newest partnership with Komainu, a joint venture
between Nomura and two leading digital assets companies. With the partnership
announced on Monday, GCEX will offer its clients a greater choice of regulated
custodians.</p><p>GCEX Starts New
Partnership with Komainu</p><p>According
to the press release shared with Finance Magnates, Komainu was created
in collaboration between Nomura and CoinShares, a digital asset investment
manager and Ledger, a crypto hardware technology company. Komainu will help
GCEX enrich its existing offering and expand its current support for 5,700
tokens running across 34 native blockchains.</p><p>Komainu
ensures that assets owned by the company and its clients are fully segregated
and aims to enhance GCEX’s offering of regulated custodians. The joint venture
is headquartered in Jersey and has offices spread across Siganpur, Dubai,
Dublin and London. </p><p>”Komainu
was the ideal partner for us because it is backed by Nomura and has a strong
presence in Europe and UAE. Our partnership with Komainu aligns with our
strategy of only working with regulated digital custody institutions across the
globe,” Lars Holst, the Founder & CEO of GCEX, commented.</p><p>GCEX allows
industry professionals, including institutional traders, hedge funds and
brokers, to access deep <a href=”https://www.financemagnates.com/terms/l/liquidity/” class=”terms__main-term” id=”47c3bef3-27ee-4953-8504-159e1b829b33″ target=”_blank”>liquidity</a> in the cryptocurrency markets. Additionally,
it offers technology solutions such as ‘Crypto in a BoX’, a modular
plug-and-play trading tool that combines fund security, regulation, custody,
technology and tier 1 liquidity.</p><p>Komainu’s
Head of Sales, Darren Jordan, added that the partnership with GCEX aligns with the
company’s core values. “With an increasing focus on counterparty risk, our
partnership further reinforces our joint commitment to keep our clients’ assets
segregated and secure,” Jordan stated.</p><p>Check out the latest FMLS session on “Opportunities and Pitfalls in M&As,” where GCEX’s Lars Holst was a panelist.</p><p>New Hires in GCEX</p><p>GCEX Group
has further strengthened its presence in the Middle East and North Africa
(MENA) region with <a href=”https://www.financemagnates.com/executives/moves/gcex-mena-adds-olivier-honsberger-to-the-board-of-directors/” target=”_blank” rel=”follow”>the latest addition of Olivier Honsberger to its Board of
Directors of GCEX MENA</a>. Honsberger will oversee the day-to-day operations of
the company. He will take up a key role in developing the firm’s growth
strategy in the region.</p><p>”GCEX
is a dynamic <a href=”https://www.financemagnates.com/terms/f/fintech/” class=”terms__secondary-term” id=”891edcf3-475e-45f3-a8b8-3ba2e7d37339″ target=”_blank”>fintech</a> with a huge amount of potential in the region and a very
forward-thinking ethos,” Honsberger said.</p><p>The group strengthened
its leadership with many new hires announced last year. In September, GCEX onboarded
Marilu Revelli as a Managing Director. Earlier, the company hired <a href=”https://www.financemagnates.com/executives/moves/gcex-expands-into-mena-hires-mehtap-nder-as-md/” target=”_blank” rel=”follow”>Mehtap Önder</a> as the Managing Director of GECX MENA, <a href=”https://www.financemagnates.com/executives/moves/gcex-picks-alex-iakobachvili-as-business-development-vp/” target=”_blank” rel=”follow”>Alex Iakobachvili</a> as the Vice President
of Business Development and <a href=”https://www.financemagnates.com/executives/moves/gcex-hires-michael-aagaard-as-md-to-strengthen-denmark-operations/” target=”_blank” rel=”follow”>Michael Aagaard</a> as the new Managing Director in
Denmark. </p><p>In July
last year, the Group offered its institutional clients <a href=”https://www.financemagnates.com/institutional-forex/digital-broker-gcex-introduces-247-forex-trading/” target=”_blank” rel=”follow”>access to 24 hours a day
forex trading</a>. The online broker noted that the non-stop forex trading service
is mirrored after its round-the-clock crypto trading service.</p>
This article was written by Damian Chmiel at www.financemagnates.com.
