Coinbase's Deribit and Komainu Join Forces for Institutional In-Custody Crypto Trading

Deribit, the crypto derivatives exchange acquired by Coinbase, is collaborating with digital asset custodian Komainu to enable institutional clients to trade continuously without withdrawing assets from custody. The integration connects Deribit to Komainu Connect, a platform managing collateral between trading venues and custodians, allowing institutions to keep funds securely within Komainu’s regulated structure while trading on Deribit. This move is intended to mitigate long-standing concerns regarding counterparty and settlement risks, addressing the growing institutional demand for secure and compliant digital asset trading. Komainu, which is backed by Laser Digital and linked to Nomura, offers segregated, bankruptcy-remote wallets supporting various collateral types, including tokenized Treasury funds.

(Source：CoinDesk)