Established in 2018, Komainu is a joint venture between three firms: Nomura, Ledger, and CoinShares. All three firms also contributed to Series A.
With fresh capital at hand, Saint Helier, Jersey-based Komainu plans to expand globally, support additional assets, and provide services to prime brokerages.
Komainu was launched in June 2020 and currently holds over $3 billion in assets under custody on behalf of institutional investors, including asset managers, corporations, and government agencies.
The Series A comes amid a rally in bitcoin's price as more institutions are investing in the world's first and largest cryptocurrency. Bitcoin is currently trading at around $54,200, according to TradingView.
Hedge fund manager Howard appears to be on a crypto-investing spree. The British billionaire has recently backed several startups in the space, including One River Digital Asset Management and bitcoin payments app Bottlepay.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.