Crypto Custodian Komainu to Provide Segregated Crypto Collateral Product

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Today’s Cryptocurrency Headline

Cryptocurrency custody company Komainu, jointly established by Nomura Securities, Ledger, and CoinShares, is providing institutional clients with a regulated and segregated collateral management product. In a press release on Monday, Komainu Connect stated that the company will allow clients to deploy their digital assets in collateralization scenarios while still maintaining them in segregated custody and verifiable on-chain status. Komainu’s Strategy Director, Sebastian Widmann, said that custodians should focus on custody, and exchanges should not serve as custodians, primary brokers, or broker-dealers.

BingX’s Bitcoin Chart

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According to CoinShare, digital asset investment products saw inflows totalling a lacklustre US$2.5m, with trading volumes in investment products falling by 33% compared to the prior week. Bitcoin is down 0.65 % over the last 24 hours and fell to an intraday low of $27,200.24. The bulls appear to be in charge as both the 20-day EMA and the RSI signal positive momentum. To further advance, buyers will aim to surpass the resistance level at $29,185. If they succeed, the BTC/USDT pair may soar to $30,000.

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