Story from Business Hedge fund Manager Alan Howard Leads $25M Raise for Crypto Custodian Komainu

Digital asset custodian Komainu has closed a $25 million Collection A fundraise led by billionaire hedge fund supervisor Alan Howard.

  • In keeping with an announcement Tuesday, different individuals within the fundraising spherical included Galaxy Digital, NOIA Capital and Nomura Analysis Institute, which have now turn into strategic companions to the agency.
  • Komainu was established in 2018 as a three way partnership between Japan’s Nomura financial institution, digital asset safety agency Ledger and crypto funding agency CoinShares – which all contributed to this newest spherical of financing.
  • Komainu will use the funding to increase its custody companies and international attain, in addition to present extra companies inside its digital asset prime brokerage enterprise.
  • “With over $3 billion in property beneath custody, Komainu has turn into one of many main digital property custodians globally. I’m happy to assist Komainu in its mission to bridge the hole between legacy finance and the digital property class,” mentioned Howard, co-founder of Brevan Howard Asset Administration and Elwood Asset Administration.
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