Share this article

Nomura-Backed Custodian Komainu Adds Hidden Road to Crypto Collateral Management Platform

Hidden Road is the first provider offering digital prime brokerage services to join the ecosystem.

Updated Sep 13, 2023, 10:40 a.m. Published Sep 13, 2023, 10:39 a.m.
Komainu are lion-like statues often placed at the entrance to Shinto temples. (Shutterstock)
Komainu are lion-like statues often placed at the entrance to Shinto temples. (Shutterstock)

Komainu, the crypto custody joint venture of Nomura, Ledger and CoinShares, said Hidden Road, a credit network for institutions, has joined its collateral management platform, Komainu Connect.

Hidden Road is the first prime broker to join the ecosystem, and clients can now leverage digital assets in collateralization scenarios while their assets remain in secure and regulated custody, Komainu said in a statement Wednesday. OKX, the second largest crypto exchange by trading volume, joined Komainu Connect in June.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

“Hidden Road is a key addition to our expanding collateral management network, representing another piece of the puzzle in bringing this much needed and institutional grade offering to the digital asset marketplace,” said Komainu CEO Nicolas Bertrand.

Komainu has been expanding internationally and recently received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai, allowing it to offer its full range of custody services to clients in the emirate.

The crypto custodian launched in June 2020, and provides custody services to exchanges, financial institutions, asset managers, corporations and government agencies.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Pye Finance Raises $5M Seed Round Led by Variant and Coinbase Ventures

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

The platform aims to make locked Solana staking positions tradable via an onchain marketplace.

What to know:

  • Pye Finance raised a $5 million seed round led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent and Gemini.
  • The startup is building an onchain marketplace on Solana for time-locked staking positions that can be traded.
  • Pye says the product targets Solana’s large pool of staked SOL, worth roughly $75 billion, and aims to give validators and stakers more flexibility over terms and reward flows.