Performances
RD Popularity Index
RD Growth Index
Comparison
Fundraising
Follow Updates
Follow Lists
People
About Komainu
Komainu is a regulated digital asset custodian serving institutional clients. Its core business is safeguarding digital assets in segregated, on-chain wallets under a regulated framework.
The key product is Komainu Connect, a collateral management platform. It allows clients to use assets held in custody as collateral for trading, borrowing, and lending activities across a partner network of exchanges, prime brokers, and lending platforms, without moving assets off the custodian.
The market pain point addressed is the trade-off institutional investors face: either moving assets to exchanges (incurring counterparty and operational risk) or leaving them idle in custody (reducing capital efficiency). Komainu Connect resolves this by enabling assets to remain in regulated custody while still being deployed in market activities.
Core strengths include the regulated custody status, the legal enforceability of collateral arrangements under an Account Control Agreement, and support for tokenized assets as collateral (e.g., BUIDL, stETH, USYC). The platform also emphasizes transparency and operational clarity in collateral management.
In the past six months (February to August 2026), Komainu has focused on expanding its partner network and enhancing the Connect platform's capabilities, including broader tokenized asset support and improved settlement mechanics. No significant negative developments were reported in the available information during this period.
Komainu, the institutional-grade digital asset custodian, has marked several milestones with long-term significance. In a notable funding event, the company secured $75 million in Bitcoin, with Blockstream CEO Adam Back joining its board, strengthening its strategic direction and technology integration. Additionally, Komainu announced plans to acquire Singapore-based Propine Holdings, pending approval from the Monetary Authority of Singapore, which would expand its regulated presence in Asia and enhance its custody and settlement capabilities. These steps underscore Komainu's commitment to building a robust, compliant infrastructure for institutional investors.
Co-founders & Core Executives
Yuki T. – Co-founder & Co-CTO. Background in institutional digital asset infrastructure.
Paul Frost-Smith – Co-CEO. Former CEO of Corinthian (digital asset firm), ex-Millennium executive, 30+ years in financial markets.
Robert Johnson – Co-CEO & CTO. Former CTO at Coremont, 18 years on MUFG trading floor, expert in institutional-grade tech.
Darren Jordan – Chief Commercial Officer. Ex-BitGo EMEA head, 25+ years in traditional finance sales and fintech.
Paolo Mara – Chief Legal Officer. Legal expert in digital assets and financial regulation.
Jonathan P. – Chief Operating Officer. Operational leadership across regulated custody and financial services.
Jamal Qaimmaqami – General Counsel. Specializes in crypto, securities, and regulatory compliance.
Tony Larkin – Chief Financial Officer. Chartered accountant, ex-Citi, JPMorgan, and Credit Suisse senior finance roles.