Crypto Garage and Komainu partner on Institutional Crypto Services
Komainu, a leading digital asset custodian, and Crypto Garage, a Japanese digital asset services company and subsidiary of Digital Garage, are pleased to announce their collaboration in building best-in-class institutional crypto service levels in Japan.
As part of the agreement, Digital Garage is investing in Komainu to further accelerate its presence and market share in Japan, joining other Japanese shareholders of Komainu including Laser Digital and Nomura Research Institute.
With the growing interest of Japanese institutions in the crypto space, Komainu and Crypto Garage have joined forces to explore and develop advanced custody solutions that cater specifically to the needs of institutional clients. This collaboration brings together the expertise of each company to provide a secure and reliable platform for managing digital assets.
Together, these two industry leaders aim to build a robust and comprehensive institutional crypto service ecosystem in Japan. By combining their respective strengths, the collaboration aims to establish a platform that fosters trust, security, and compliance for Japanese institutions seeking to participate in the digital asset market.
“Komainu and Crypto Garage share a common vision of providing institutional-grade crypto services that meet the highest standards of security, compliance, and user experience,” said Masahito Okuma, CEO at Crypto Garage. “Crypto Garage, the first crypto asset licensed company to launch a B2B focused custody business in Japan, and Komainu, which provides custody services to corporate and institutional clients in multiple jurisdiction, and Laser Digital Holdings AG (“Laser Digital”), a digital asset subsidiary of Nomura Holdings, Inc., will leverage our collective expertise to deliver solutions that satisfy the unique needs of Japanese institutions.”
This collaboration marks a significant step forward in the evolution of the institutional crypto landscape in Japan. With the backing of Laser Digital and Digital Garage Inc., the collaborative effort aims to instill confidence in Japanese institutions and showcase the strong support from traditional finance institutions.
This article is part of our Tokyo FinTech Publication, please follow us to read more from our writers, like hundreds of readers do every day. Please also register for our short weekly digest, the “Japan FinTech Observer”, on Medium or on LinkedIn.
Should you live in Tokyo, or just pass through, please also join our Tokyo FinTech Meetup. In any case, our YouTube channel and LinkedIn page are there for you as well.
