Komainu has onboarded FundBank, a global institutional banking provider to the asset management industry, to enable on‑ and off‑ramping between fiat and digital assets.
The collaboration will see the FundBank banking platform allow Komainu clients to access its on‑ and off‑ramping capabilities.
“Institutional clients need frictionless movement between fiat and digital assets,” said Darren Jordan, chief commercial officer at Komainu.
“FundBank’s banking capabilities allow us to further enhance our platform with robust on‑ and off‑ramping capabilities, while maintaining the security, compliance and operational standards our clients expect.”
The offering is designed to support institutional workflows while upholding Komainu’s standards of security, governance and regulatory compliance, the firm said.
Mark C. Higgins, senior relationship manager at FundBank added: “As institutional adoption of digital assets accelerates, seamless and dependable fiat connectivity is no longer optional, it’s foundational.”
“Our relationship with Komainu brings together trusted banking infrastructure and best-in-class digital asset custody, delivering a robust on- and off-ramping solution built specifically for institutional workflows,” said Higgins.
The collaboration follows a series of moves by Komainu to accelerate institutional adoption, including its partnership with cryptocurrency exchange Bybit.
