Billionaire Alan Howard backs custodian Komainu in $25 million Series A round

The custodial service Komainu has raised $25 million in a Series A funding round. It was led by billionaire Alan Howard, with participation from Galaxy Digital, NOIA Capital and Nomura Research Institute.

The firm plans to deploy the funds to expand globally, support a broader range of assets and provide prime-broker services.

Komainu, which targets institutional investors, was founded in 2018 by Japan’s Nomura Bank, the Ledger hardware-wallet developer, and the investment company CoinShares.

Earlier in February, Alan Howard supported Bottlepay’s micropayments service in a seed round of $15.5 million.

Earlier, billionaire invested in the hedge fund One River Digital.

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