TLDR
Komainu secured a $75 million Series B investment from Blockstream Capital Partners, funded entirely in Bitcoin
Adam Back, PeterPaul Pardi, and Nicolas Brand will join Komainu’s board of directors
The deal includes integration of Blockstream’s Liquid Network and AMP technology into Komainu’s services
Komainu will establish its own Bitcoin Treasury to manage the invested Bitcoin
The partnership aims to improve settlement times and develop new trustless trading solutions
Komainu, a regulated digital asset services provider and custodian, has secured a $75 million Series B investment from Blockstream Capital Partners. The investment marks a unique milestone in the industry as it is being funded entirely in Bitcoin, subject to regulatory approvals.
The investment will help Komainu accelerate its international growth plans while incorporating new technologies developed by Blockstream Corporation. To manage the Bitcoin provided by Blockstream, Komainu will establish its own Bitcoin Treasury with appropriate hedging and risk management measures in place.
As part of the strategic partnership, three new members will join Komainu’s board of directors: Adam Back, PeterPaul Pardi, and Nicolas Brand. Paul Frost-Smith, who serves as Co-CEO at Komainu, will also join the board.
The deal includes the integration of Blockstream’s Liquid Network into Komainu’s operations. This addition will reduce the processing time for Komainu Connect, the company’s off-exchange margining and settlement solution, from hours to minutes.
Komainu plans to implement Blockstream’s AMP technology to automate its regulated asset support for tokenization and develop new trustless trading solutions. The company will also integrate Blockstream’s enterprise HSM wallet to expand its range of bank-grade digital asset services for institutional clients.
Adam Back, CEO of Blockstream Corp, emphasized the importance of this partnership as the first instance of Bitcoin-related technologies entering the institutional arena. He expressed confidence that more institutions will adopt Lightning and Liquid Networks in the future.
Paul Frost-Smith, Co-CEO at Komainu, highlighted the company’s mission to empower the digital asset ecosystem through secure and compliant services. He noted that the partnership with Blockstream would enhance their customer experience and strengthen their position as a leading provider of digital asset services.
The partnership represents a convergence of traditional financial services and cryptocurrency technology. Komainu, which is backed by Nomura’s Laser Digital, brings institutional expertise and regulatory compliance to the digital asset space.
Robert Johnson, Co-CEO and CTO at Komainu, explained that integrating Blockstream’s technologies would enhance their core technology capabilities. He emphasized Komainu’s commitment to offering clients various technology options while improving efficiency across their services.
Komainu maintains a strong regulatory presence across multiple jurisdictions. The company is regulated by the Jersey Financial Services Commission and the Dubai Virtual Assets Regulatory Authority. It is also registered with the UK Financial Conduct Authority and holds an OAM registration in Italy.
The company operates from its headquarters in Jersey, with additional offices in London, Dubai, and Singapore. This global presence allows Komainu to serve institutional clients across different regions while maintaining compliance with local regulations.
Komainu’s institutional focus is reflected in its service offerings, which include multi-asset support, bank-grade governance, and multi-jurisdictional regulatory oversight. These features are designed to meet the needs of institutional investors entering the digital asset space.
PeterPaul Pardi, Director at Blockstream Corp, described the partnership as a landmark moment for Bitcoin-related technology adoption by a regulated financial services business. He noted increasing institutional demand for Bitcoin and anticipated broader implementation of Blockstream’s technology in the institutional investor community.
Blockstream Corp, known for its work in crypto-financial infrastructure, focuses on developing solutions based on the Bitcoin blockchain. The company emphasizes cryptography and security engineering to reduce reliance on trust in financial markets.
The investment transaction is currently pending relevant regulatory approvals, with both companies working to finalize the necessary requirements.
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