Komainu Secures $75 Million Bitcoin Investment from Blockstream Capital

Komainu, a crypto custody joint venture involving Nomura, Ledger, and Coinshares, has secured $75 million from Blockstream Capital Partners. The investment is notable as it is funded with bitcoin.

  • Komainu will create a BTC treasury to manage the bitcoin supplied by Blockstream.
  • The funds will support Komainu's growth plans and facilitate the adoption of Blockstream technologies.
  • Utilizing Blockstream's Liquid Network will enhance efficiency in margining and settlement times.
  • Blockstream executives will join Komainu's board of directors.

Blockstream CEO Adam Back stated that this partnership underscores the validity of Bitcoin-related technologies in institutional settings.