In January, 2025, Komainu Holdings Limited (“Komainu”), the holding company of a group of regulated digital asset custodian and service providers, completed a series B fundraising with a US$75 million strategic investment by Blockstream Capital Partners (“Blockstream”), subject to receipt of relevant regulatory approvals.
The fundraising is innovative in that it is funded in Bitcoin, with hedging and risk management arrangements in place and with Komainu establishing its own Bitcoin Treasury to manage the Bitcoin provided by Blockstream.
The funding allows Komainu to accelerate its global strategic expansion using technologies from Blockstream to enhance efficiencies and improve client services in collateral management and tokenization.
Fasken advised Komainu with a team led by Laura Bradley and Guy Winter, that included Lucinda Patrick-Patel, Stephen Vincelli and Emily Smith (Paralegal).
Jurisdiction
- England
