News by sections
ESG

News by region
Issue archives
Archive section
Multimedia
Videos
Search site
Features
Interviews
Country profiles
Generic business image for news article Image: SasinParaksa/adobe.stock.com

10 March 2021
Jersey
Reporter Maddie Saghir

Share this article





Komainu closes $25 million Series A funding round to expand custody offering

Komainu, a regulated digital asset custody services provider for institutions, has closed a $25 million Series A fundraise, which is set to expand its global presence and accelerate growth plans.

Komainu was created in 2018 as a joint venture between global investment bank Nomura, digital asset security firm Ledger, and digital asset investment house CoinShares. All three firms contributed to this round of financing.

Launched in June 2020, Komainu currently holds over $3 billion in assets under custody from asset managers, institutions, corporations, and government agencies.

The $25 million Series A was led by Alan Howard’s Elwood Asset Management with additional participation from Galaxy Digital, NOIA Capital and Nomura Research Institute (NRI), who will act as strategic partners to the business.

The funds will allow Komainu to expand its custody solution to support additional assets and functionality, as well as to provide complementary services in the digital asset prime brokerage business.

Through these innovations, Komainu will continue to bridge the gap between legacy finance and the growing digital asset class.

Komainu president Henson Orser comments: “Komainu will continue to build the future of digital asset custody, extending beyond simply the storage of assets, to a core strategic pillar of any investment management strategy.”

“We are grateful to the entire Komainu ecosystem — our team, investors, partners, and clients — for sharing our vision and working with us to create a new standard for institutional participation in digital assets.”

Advertisement
Get in touch
News
More sections
Black Knight Media