Koine was founded to provide a solution for the post-trade market challenges in the digital asset ecosystem, targeting institutional clients. The company offers segregated, compliant custody for digital assets and fiat money under an E-Money Institution (EMI) licence from the UK's Financial Conduct Authority (FCA). Its core service revolves around a unique model that provides real-time atomic settlement and prevents the client's assets from ever becoming part of the company's balance sheet, thus mitigating counterparty risk. In late 2021, it was announced that Koine was acquired by Zodia Custody, an institutional crypto custodian backed by Standard Chartered, to expand Zodia's on-chain and off-exchange settlement services.

Founded in

United Kingdom