PK Press Club — Komainu Holdings Ltd., a cryptocurrency custodian backed by Nomura Holdings (NYSE:) Inc., secured $75 million investment from Blockstream Financial partners (WASHINGTON:).
This financing, which is subject to regulatory approvals, will be used to propel Komainu’s global growth and integrate technologies designed by Blockstream Corp. for collateral management and tokenization.
The investment will be made in , and Komainu plans to create a Bitcoin treasury to manage the funds, as revealed in a statement on Thursday.
The move comes amid growing acceptance of Bitcoin by governments and institutions, spurred by President-elect Donald Trump’s pledge to establish a national reserve of the original cryptocurrency.
Blockstream is the sole contributor to this fundraising, according to Komainu. However, the company did not rule out the possibility of accepting additional investments in this round.
Blockstream CEO Adam Back, Director PeterPaul Pardi and Advisor Nicolas Brand will join Komainu’s board of directors. Montreal-based Blockstream was one of the first Bitcoin infrastructure companies.
It was created in 2014 by Back, who was suggested by some industry insiders to possibly be Satoshi Nakamoto, the anonymous creator of Bitcoin. Back dismissed this speculation.
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