Komainu Raises $75 Million from Blockstream to Boost Global Expansion & Bitcoin Services
Komainu Holdings, the cryptocurrency custody company backed by Nomura Holdings, has raised $75 million from Blockstream Capital Partners to accelerate its global expansion and integrate cutting-edge technology. The investment will help Komainu expand globally and enhance its digital asset services.
Komainu raises $75 million in funding
In a recent tweet, Komainu announced the completion of Series B financing, receiving a $75 million strategic investment from Blockstream.
The funding, which is still subject to regulatory approval, will help Komainu scale its global operations while integrating technology developed by Blockstream. These include over-the-counter margin and settlement solutions, which can significantly reduce processing times from hours to minutes.
Komainu also plans to establish a Bitcoin vault to manage the Bitcoins received as part of the funding.
Pay attention to institutional development
at the same time, Paul Frost SmithThe co-CEO of Komainu said that the partnership with Blockstream will allow Komainu to offer a wider range of services and increase efficiency. Blockstream’s technology will enhance Komainu’s ability to provide Bitcoin and institutional services.
This partnership will help Komainu expand its presence in the institutional market, providing advanced Bitcoin-related solutions through technologies such as Lightning Network and Liquid Networks
Strategic partnerships and leadership
To solidify this strategic partnership, Blockstream’s leadership, including CEO Adam Bakerwill join the Komainu Board of Directors. Adam Back expressed excitement about the collaboration and said it was an important milestone for Bitcoin technology in the institutional space.
The partnership marks the first time these advanced Bitcoin-related solutions are being adopted at scale for institutional use.