Nomura-Backed Crypto Firm Komainu Raises $75 Million in Bitcoin

Komainu Holdings Ltd., a cryptocurrency custodian backed by Nomura Holdings Inc., has raised $75 million from Blockstream Capital Partners.

Pending regulatory approvals, the funding will be used to support Komainu’s global expansion as well as to integrate technologies developed by Blockstream Corp. for collateral management and tokenization.

The investment will be made in Bitcoin and Komainu plans to establish a Bitcoin treasury to manage the funds, according to a statement on Thursday. It comes as governments and institutions step up their embrace of Bitcoin prompted by President-elect Donald Trump’s pledge to establish a national stockpile of the ...