Komainu, the regulated digital asset services provider and custodian backed by Laser Digital and Blockstream, announced that Bybit, the world's second-largest cryptocurrency exchange by trading volume, has joined its collateral management platform, Komainu Connect.

Through this partnership, institutional clients will be able to trade around the clock while keeping their assets securely stored in custody. By enabling assets to be held with a regulated, third-party custodian while simultaneously being tradable on exchange, clients are able to better manage their counterparty risk. Regular, automated off-exchange settlement eliminates the need to pre-fund on-exchange.

Komainu continues to expand its Komainu Connect platform by integrating directly with exchanges, lenders and brokers, utilising a range of advanced technologies. These integrations enable clients to establish fast, seamless connections, providing access to an extensive network of market counterparties.