Komainu has announced the successful completion of a $75 million strategic investment from Blockstream, pending regulatory approvals. This investment, made directly in Bitcoin, will enable Komainu to establish its own Bitcoin treasury and enhance its international growth initiatives.
The partnership involves integrating Blockstream’s Liquid Network, a federated Bitcoin sidechain, which aims to streamline Komainu’s off-exchange margining and settlement solutions.
This integration is expected to reduce processing times significantly from hours to minutes. Additionally, Komainu plans to adopt Blockstream’s AMP technology, which facilitates the issuance and management of digital assets, thereby automating regulated asset tokenization.
Paul Frost-Smith, co-CEO of Komainu, emphasized the company’s aim to become a leading provider of digital asset services for institutional clients.
As part of the investment agreement, Blockstream co-founder and CEO Adam Back, along with director PeterPaul Pardi and advisor Nicolas Brand, will join Komainu’s board.
Komainu’s recent acquisition of the Singapore-based crypto custodian Propine is part of its strategy to expand its footprint in Asia.
The firm aims to leverage the capital raised from Blockstream to bolster its service offerings and increase institutional adoption of Bitcoin.
