By Reuters Staff
3 Min Read
LONDON, March 9 (Reuters) - Komainu, the digital asset custodian backed by Japanese investment bank Nomura Holdings Inc , has raised $25 million in a funding round led by veteran hedge fund manager Alan Howard, the company said on Tuesday.
Other investors in the round included Galaxy Digital, NOIA Capital and Nomura Research Institute, which will act as strategic partners to the custodian, Komainu said.
Howard is the co-founder of investment firms Brevan Howard, and most recently blockchain and cryptocurrency-focused Elwood Asset Management.
Komainu, which safeguards bitcoins and other cryptocurrencies on behalf of financial institutions was launched last June as a joint venture between Nomura, digital asset security firm Ledger, and digital asset investment house CoinShares.