On December 3, 2025, Komainu, a regulated digital asset custodian backed by Laser Digital and Blockstream, announced a strategic partnership with Bybit, the world's second-largest cryptocurrency exchange by trading volume. This collaboration integrates Bybit into Komainu's collateral management platform, Komainu Connect, enabling institutional clients to trade cryptocurrencies 24/7 while their assets remain securely held in segregated custody.
The partnership addresses key concerns for institutional investors by reducing counterparty risk. Assets are held with Komainu, a regulated third-party custodian, yet remain tradable on Bybit's exchange. This setup eliminates the need for pre-funding on the exchange through regular, automated off-exchange settlement processes.
Key benefits of the integration include: 100% collateral mirroring, where all delegated assets in collateral wallets are mirrored on-exchange; an off-exchange settlement process that removes pre-funding requirements; transparency through on-chain, bankruptcy-remote segregated wallets; a holistic view of custody and collateral wallets with client-by-client accounts; and comprehensive asset coverage supporting institutional-grade digital assets.
Paul Frost Smith, Co-CEO at Komainu, stated, "We're delighted to bring Bybit into the Komainu Connect ecosystem. Institutional investors increasingly demand the ability to act on market opportunities without compromising on security or compliance. Komainu Connect delivers exactly that—pairing regulated, secure custody with frictionless market access."
Yoyee Wang, Head of Business to Business Unit at Bybit, added, "Our top priority is to ensure trust and security for our clients. Partnering with Komainu is another step in listening to our clients' needs and strengthening our capabilities, offering secure, regulated custody alongside the flexibility and scale they expect."
Bybit, founded in 2018, serves over 60 million users globally and focuses on bridging traditional finance with decentralized finance through Web3 innovations. Komainu, headquartered in Jersey with offices in London, Dubai, and Singapore, provides bank-grade infrastructure for institutional digital asset services under multi-jurisdictional regulatory oversight from authorities like the Jersey Financial Services Commission and Dubai Virtual Assets Regulatory Authority.
