Komainu Selects Matthew Chamberlain as New CEO

Komainu, one of the fastest-growing crypto startups, announced the appointment of Matthew Chamberlain, the former Chief Executive Officer at London Metal Exchange (LME), as its new CEO yesterday.

Chamberlain is a prominent name in the financial services industry. In an extensive career of more than 15 years, he has held several key positions at some of the world’s leading financial firms, including Perella Weinberg Partners and UBS.

Founded as a joint venture between Nomura, Ledger and CoinShares in 2018, Komainu has witnessed immense demand in the last few years. The company is currently safeguarding over $5 billion in assets. Last year, Komainu raised $25 million in the Series A funding round and achieved key ISO and ISAE operational certifications.

"I have always been passionate about building safe and efficient solutions to ensure global markets function as effectively as possible. I am, therefore, hugely honored to have the opportunity to join the Komainu team. With its regulated institutional custody platform for cryptocurrencies and broader digital assets, Komainu's hybrid servicing model combines the best of traditional and decentralized finance, and truly represents the natural evolution of our industry,” Chamberlain said.

Growth and Development

According to the details shared by the company, the newly appointed CEO will be responsible for its expansion. Komainu aims to offer a broad range of services to institutions. Chamberlain highlighted the growing crypto and blockchain ecosystem and outlined the potential benefits of digital assets in the modern financial services industry.

"I believe strongly in the transformative capacity of a blockchain-empowered world, but such technologies will only deliver their true potential when robust infrastructure exists to make them easily and reliably available to all those who wish to participate in this unprecedented period of financial democratization. I am particularly excited to be working with the incredibly talented people at Komainu,” Chamberlain added.