Komainu Raises $25M in Series A Funding

Komainu

Komainu, a St. Helier, Jersey-based regulated digital asset custody services provider, closed a $25m Series A funding.

The round was led by Alan Howard of Elwood Asset Management, with additional participation from Galaxy Digital, NOIA Capital and Nomura Research Institute (NRI), each of whom will act as strategic partners to the business.

The company intends to use the funds to expand its custody solution to support additional assets and functionality, grow geographically, and to provide complementary services in the digital asset prime brokerage business.

Led by President Henson Orser, Komainu is a hybrid custodian for institutional digital asset investors created by the Japanese investment bank, Nomura, digital asset manager, CoinShares and digital asset security company, Ledger. Launched in June 2020, Komainu currently holds over $3B in assets under custody from asset managers, financial institutions, corporations, and government agencies.

FinSMEs

09/03/2021