Nomura-backed cryptocurrency custodian Komainu has secured $75 million in funding led by Blockstream to accelerate global expansion.

Komainu, a regulated cryptocurrency custodian created as a joint venture between Nomura, CoinShares, and Ledger, has raised $75 million from Blockstream to expand its services worldwide.

Finance is made with Bitcoin (Bitcoin), will allow the company to adopt Blockstream technologies such as Liquid Network, which will accelerate margin and settlement solutions, according to a press release shared with crypto.news.

“We are pleased that Komainu is adopting various technology flows from Blockstream to enhance its enterprise service offerings. This is a testament to the fundamental validity of Bitcoin-related technologies and applications.”

Blockstream CEO Adam Back

Komainu plans to integrate Blockstream's AMP technology, which will automate support for tokenized regulated assets. The company will also use Blockstream's enterprise HSM wallet to provide services to enterprise clients.

Commenting on the funding, Robert Johnson, Co-CEO and CTO of Komainu, said the partnership with Blockstream will “increase efficiency and reduce response time across the different services we offer.” Under the financing agreement, Adam Backe, Peter Paul Bardi and Nicholas Brand will join Comino's board of directors, the press release said.

This funding comes shortly after Comino acquired Singapore-based Propine Holdings, a digital asset custodian, started earlier in 2024. Propine has been active since 2018 and obtained a conditional license from the Monetary Authority of Singapore in 2019.

Komainu entered the cryptocurrency space in 2020, providing custody services to institutional investors of Bitcoin and other large-cap altcoins.