Nomura-backed cryptocurrency custodian Komainu Raises $75M in Bitcoin from Blockstream By Pakinomist

Pakinomist — Komainu Holdings Ltd., a cryptocurrency custodian backed by Nomura Holdings (NYSE:) Inc., has secured a $75 million investment from Blockstream Capital partners (WA:).

This funding, which is subject to regulatory approvals, will be used to fuel Komain’s worldwide growth and to incorporate technologies developed by Blockstream Corp. for collateral and tokenization.

The investment will be made in , and Komainu plans to set up a Bitcoin treasury to handle the funds, as revealed in a statement on Thursday.

This move is in line with the growing acceptance of Bitcoin by governments and institutions, spurred by President-elect Donald Trump’s commitment to establish a national reserve of the native cryptocurrency.

Blockstream is the sole contributor in this fundraising round, according to Komainu. However, the company has not ruled out the possibility of accepting further investments in this round.

Blockstream’s CEO Adam Back, director PeterPaul Pardi and advisor Nicolas Brand join Komainu’s board. Blockstream, based in Montreal, was one of the first Bitcoin infrastructure companies.

It was established in 2014 by Back, who has been suggested by some industry insiders as possibly Satoshi Nakamoto, the anonymous creator of Bitcoin. Back has rejected this speculation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top