Nomura Research Institute invests in digital asset custodian Komainu
Komainu, a regulated digital asset custody services provider, today announced the closing of a $25 million Series A fundraise. This new financing round will expand Komainu’s global presence and accelerate growth plans. The $25M Series A 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 partnership enables NRI and Komainu to combine their technologies, human resources and solutions to further expand their offerings to the digital asset market. NRI plans to develop business applications for digital asset management together with Komainu.
Amid the accelerated digitalization of the financial services industry, the digital asset market is seeing exponential growth and expansion. Security in the storage of digital assets is a top priority for investors, who are increasingly demanding reliable and transparent technology to support their practices.
Komainu was founded by Nomura Holdings, Ledger, and CoinShares. Komainu combines innovative HSM storage guaranteed by cryptographic key management technology and asset management process at financial institutions. As a result, it guarantees robust security and governance, as well as unmatched flexibility for its users.
Minoru Yokote, Senior Corporate Managing Director of NRI, commented:
“Investment in our digital asset practices has been a priority for NRI for quite a few years, and this is an important and exciting step in that journey. As the value of digital assets hit record highs and the demand for financial institutions to provide the services for digital assets increases, NRI and Komainu will continue to provide the highest quality offerings for asset managers and investors around the world.”
Once the investment is complete, Komainu plans to expand its service and asset coverage for institutional investors. In the meantime, NRI accelerates Komainu’s expansion by further providing business applications.