Komainu Raises $75 Million in Funding... Entirely in Bitcoin

JOON HYOUNG LEE

Summary

Komainu announced that it has secured an investment of $75 million from Blockstream Capital Partners.
The entire investment was raised in Bitcoin (BTC), emphasizing the importance of cryptocurrency assets.
Adam Back, CEO of Blockstream, is reported to join the Komainu board of directors.

Japanese cryptocurrency custody firm Komainu has raised $75 million (approximately 110 billion KRW) in funding.

According to Bloomberg on the 16th, Komainu recently secured $75 million in investment from Blockstream Capital Partners. Komainu will receive the entire investment in Bitcoin (BTC).

Komainu is a company established through a joint venture between Japan's major financial group Nomura and virtual asset management firm CoinShares. With this investment, Adam Back, CEO of Blockstream, will join the Komainu board of directors.

BTC

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

Komainu Raises $75 Million in Funding... Entirely in Bitcoin

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