Komainu Secures $75M Investment from Blockstream: A Game Changer for Digital Asset Services
Fx News Group•1 day ago•
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Komainu Secures $75M Investment from Blockstream: A Game Changer for Digital Asset Services

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Summary:

  • Komainu raises $75 million from Blockstream Capital Partners.

  • Funding will accelerate international growth and enhance client services.

  • Transaction innovative as it is funded in Bitcoin, establishing a Bitcoin Treasury.

  • Blockstream’s Liquid Network will reduce margining and settlement time significantly.

  • Key executives from Blockstream to join Komainu’s board, solidifying the partnership.

Komainu's Major Funding Round

Komainu, a leading digital asset services provider and custodian, has successfully raised $75 million in strategic investment from Blockstream Capital Partners. This funding is pivotal for Komainu as it aims to elevate its international growth strategies while integrating cutting-edge technologies from Blockstream Corporation Inc.

Business Hands on Desk

Accelerating Growth and Innovation

The investment will allow Komainu to enhance efficiencies and improve client services, particularly in collateral management and tokenization. Notably, this funding transaction is groundbreaking as it is executed in Bitcoin, with Komainu establishing its own Bitcoin Treasury to manage the assets provided by Blockstream.

Transforming Settlement Solutions

Using Blockstream Corp’s Liquid Network, Komainu aims to significantly reduce the time for its off-exchange margining and settlement solution, Komainu Connect, from hours to mere minutes. This advancement positions Komainu to offer class-leading solutions in the industry.

Furthermore, the integration of Blockstream Corp’s AMP technology will automate Komainu's regulated asset support for tokenization and facilitate the development of trustless trading solutions.

A Strategic Partnership

To strengthen their collaboration, key figures from Blockstream, including Adam Back, PeterPaul Pardi, and Nicolas Brand, will join Komainu’s board of directors. Adam Back, CEO of Blockstream Corp, expressed excitement about the partnership, emphasizing the importance of Bitcoin technologies in institutional settings.

Paul Frost-Smith, Co-CEO at Komainu, echoed this sentiment, stating that the partnership will transform their service offerings and enhance customer experiences, solidifying Komainu’s position as a premier provider of digital asset services in the institutional market.

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