Investment bank Nomura has invested in Japanese blockchain startup Crypto Garage.
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Nomura said that it will work closely with startups to serve institutional investors in Japan’s digital asset sector.
The company announced that it has accepted a third-party share allocation to publish its products on the blockchain settlement platform Crypto Garage.
Crypto Garage and Nomura have signed a joint venture agreement for Komainu, the crypto custody business, to begin offering crypto custody services for institutions in Japan. Komainu raised $25 million in a Series A funding round led by British billionaire Alan Howard in March of this year.