Nomura, crypto partners launch digital asset custodian Komainu

FILE PHOTO- The logo of Nomura Securities is pictured at the company’s Otemachi Head Office in Tokyo, Japan, November 18, 2016. REUTERS/Toru Hanai/File Photo

Japanese bank Nomura Holdings Inc and cryptocurrency partners Ledger and CoinShares launched Komainu, a custodian to safeguard digital assets for financial institutions, on Wednesday.

The joint venture, announced in 2018, is regulated by the Jersey Financial Services Commission, the companies said in a statement. It will be led by CoinShares Co-Founder and Chief Executive Jean-Marie Mognetti.

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