Komainu, a regulated crypto custodian founded as a joint venture with Nomura, CoinShares, and Ledger, has raised $75 million to expand its services globally.
New Investment from Blockstream
Komainu has secured $75 million in funding from Blockstream to expand its services across the globe. The funding, made in Bitcoin (BTC), will allow Komainu to adopt Blockstream’s technologies like the Liquid Network to accelerate margining and settlement solutions.
Technological Solutions for Komainu
Komainu plans to integrate Blockstream’s AMP technology to automate its regulated asset support and tokenization. The firm will also use Blockstream’s enterprise HSM wallet to offer services to institutional clients.
Recent Achievements and Company Plans
Recently, Komainu acquired Singapore-based Propine Holdings, expanding its presence in Asia. Komainu entered the crypto space in 2020, offering custody services to institutional investors for Bitcoin and other large-cap altcoins.
The new funding and partnership with Blockstream promise to strengthen Komainu’s position on the global stage, accelerating the adoption of advanced technologies in its custodial services.