Komainu Seeks Global Expansion Amid Regulatory Challenges

According to PANews, Komainu, a digital asset custody firm, is actively pursuing global acquisition opportunities to expand its business and transform into a leading digital asset service provider outside the United States. The company, formed through a joint venture between Nomura Securities, CoinShares, and Ledger, completed a $75 million Series B funding round in January and currently manages assets exceeding $10 billion. Komainu plans to significantly expand its presence in the Singapore and Japan markets within the next 6 to 9 months, with the workforce expected to grow to 120 employees by the end of the year. In Europe, the firm is applying for a MiCA license, although proposed stringent regulations in the United Kingdom may force Komainu to exit that market. CEO Paul Frost Smith cautioned that excessive regulation could drive "conservative and prudent operators" away.