Bybit Joins Forces with Komainu: A Power Move in Crypto Custody
Bybit just made its boldest institutional play yet—partnering with regulated crypto custodian Komainu. This isn't your average exchange fluff; it's a direct shot at Coinbase and Binance's institutional dominance.
Why it matters: While retail traders chase memecoins, the real money's in serving whales. Komainu's FSA-regulated custody solutions give Bybit the compliance firepower to attract hedge funds and family offices tired of self-custody risks.
The irony? This "decentralized" industry keeps building more intermediaries. Banks 2.0, anyone?
Bybit teamed up with regulated custodian Komainu to roll out Komainu Connect integration. Big institutional traders can now hit Bybit’s markets 24/7, with assets locked SAFE in third-party custody, no pre-funding needed. Automated settlements cut risks, boost efficiency, and provide clear visibility into bankruptcy-proof wallets supporting major cryptos.