Japan's top bank Nomura launches Bitcoin custody for institutional investors

posted 3 months ago
Japan’s top financial services and banking firm Nomura launched its much-awaited Bitcoin custody service for institutional investors this week, after over two years of development and clearing regulatory hurdles. Partnering with the megabank are crypto firms Ledger and CoinShares, a hardware wallet and investment fund respectively. The three have worked on the project since 2018.

Called “Komainu,” the custodian service will support Bitcoin. The service has been audited by and is compliant with the US Jersey Financial Services Commission. Interestingly, Komainu is a Chinese word meaning “guardian lion,” presumably signifying how aggressively the Komainu Bitcoin custody trio want to protect client assets.
Tags: bitcoin, blockchain, news