Komainu has been selected as the custodian for the CoinShares Valkyrie Bitcoin Fund after receiving approval from the US Securities and Exchange Commission (SEC).
This marks Komainu’s first entry into the US exchange-traded product (ETP) market. The company, which already provides custodial services to ETP providers in the UK and Europe, is broadening its reach internationally as reported by Asset Services Times.
The selection follows a regulatory approval process involving not only the SEC but also the Jersey Financial Services Commission and Dubai Virtual Assets Regulatory Authority. Komainu has recently been named a core custodian for Nasdaq and Six, adding to its growing presence in the sector.
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