Komainu, a digital asset custodian backed by Japan’s largest funding financial institution, Nomura, introduced a partnership with Crypto Storage to develop institutional crypto companies in Japan.
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- The companies will collectively develop custody options for institutional shoppers with plans to launch different institutional crypto companies in Japan sooner or later.
- Crypto Storage, a subsidiary of Digital Storage, a Tokyo-headquartered fee know-how agency, stated in a press launch on Wednesday that the partnership was fashioned because of the rising curiosity of Japanese establishments in cryptocurrencies.
- Nomura launched a Bitcoin adoption fund for institutional buyers In September by means of its digital asset subsidiary Laser Digital Asset Administration. The US$500 billion funding financial institution stated that the fund is simply the primary in a spread of digital asset funding options it plans to launch.
- Komainu acquired an working license from Dubai’s Digital Asset Regulatory Authority in late August.
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