Nomura-backed cryptocurrency custodian Komainu raises $75M in Bitcoin from Blockstream

Investing.com -- Komainu Holdings Ltd., a cryptocurrency custodian supported by Nomura Holdings (NYSE:NMR ) Inc., has secured a $75 million investment from Blockstream Capital Partners (WA:CPAP ).

This funding, which is subject to regulatory approvals, will be utilized to propel Komainu's worldwide growth and to incorporate technologies devised by Blockstream Corp. for collateral management and tokenization.

The investment will be made in Bitcoin , and Komainu has plans to create 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 on by President-elect Donald Trump's commitment to establish a national reserve of the original cryptocurrency.

Blockstream is the only contributor in this fundraising round, according to Komainu. However, the company has not excluded the possibility of accepting additional investment in this round.

Blockstream's CEO Adam Back, director PeterPaul Pardi, and advisor Nicolas Brand will join Komainu's board of directors. 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 being Satoshi Nakamoto, the anonymous creator of Bitcoin. Back has dismissed this speculation.

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Source: Investing.com