Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced its partnership with Komainu, the regulated digital asset services provider and custodian backed by Laser Digital and Blockstream, to join 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.

Key benefits include:

• 100% Collateral Mirroring: all delegated assets in collateral wallets are mirrored on-exchange

• Off-exchange settlement process: eliminating the need to pre-fund on exchange 

• Transparency: all assets are held in on-chain, bankruptcy-remote segregated wallets, offering maximum transparency and legal clarity.

• Holistic view of custody and collateral wallets: clients benefit from dedicated, client-by-client wallets

• Scale and support: Comprehensive asset coverage, supporting a growing list of institutional-grade assets.

Paul Frost Smith, Co-CEO at Komainu, said: “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. This partnership not only strengthens our roster of trusted exchanges but also underscores our commitment to building a safer, more efficient trading environment for active investors.” Yoyee Wang, Head of Business to Business Unit, 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.”