Komainu, a regulated digital asset services provider and custodian backed by Nomura, has secured a $75 million investment from Blockstream Capital.
This funding is unique as it is structured in bitcoin, incorporating effective hedging and risk management strategies. Komainu has established its own Bitcoin Treasury for overseeing the cryptocurrency.
The investment will be instrumental in scaling Komainu’s business and facilitating the adoption and integration of Blockstream technologies. Komainu plans to leverage Blockstream’s Liquid Network to significantly reduce the processing time for its off-exchange margining and settlement system, Komainu Connect, from hours to just minutes. Furthermore, Blockstream’s AMP technology will be utilized to automate Komainu’s offerings, particularly in tokenization and trustless trading solutions.
In addition, Komainu will integrate various technologies and services from Blockstream’s enterprise HSM wallet, enhancing its capabilities to provide institutional clients with a wider array of bank-grade digital asset services.
Paul Frost-Smith, Co-CEO at Komainu, stated, “This partnership with Blockstream will transform the services we are able to offer and enhance our customer experience on many levels. Having a closely-aligned technology partner like Blockstream, one of the original visionaries in the digital assets ecosystem, showcases our commitment to becoming the go-to provider of digital asset services for bitcoin and the institutional market, while also driving greater institutional adoption.”