Yesterday saw the launch of digital asset custody offering Komainu, a joint venture between Nomura, Ledger and CoinShares. Komainu is regulated by the Jersey Financial Services Commission as a custodian and depositary and is targeting institutional investors.
Samsung-backed Ledger is known for its cryptocurrency wallet as well as its institutional custody technology solution Ledger Vault. We believe the Komainu solution is based on Ledger Vault (awaiting confirmation). Ledger recently secured digital asset insurance of up to $150 million in a Lloyd’s policy designed by Marsh.
CoinShares is a cryptocurrency asset manager. One of its solutions, XBTPROVIDER, provides exchange-traded products or trackers of cryptocurrencies such as Bitcoin, Ether and XRP.
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