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Nomura-backed digital asset custodian Komainu raises $25 mln

By Reuters Staff 3 Min Read LONDON, March 9 (Reuters) - Komainu, the digital asset custodian backed by Japanese investment bank Nomura Holdings Inc , has raised $25 million in a funding round led by veteran hedge fund manager Alan Howard, the company said on Tuesday. Other investors in the round included Galaxy Digital, NOIA Capital and Nomura Research Institute, which will act as strategic partners to the custodian, Komainu said. Howard is the co-founder of investment firms Brevan Howard, and ...
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Insight: Rush to bitcoin? Not so fast, say keepers of corporate coffers

Insight: Rush to bitcoin? Not so fast, say keepers of corporate coffers Toggle share menu Advertisement Insight: Rush to bitcoin? Not so fast, say keepers of corporate coffers When Elon Musks Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were swift to call a corporate rush towards the booming cryptocurrency. FILE PHOTO: Representations of virtual currency Bitcoin and U.S. dollar banknotes are ...
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Elon Musk wants clean power. But Tesla's carrying bitcoin's dirty baggage

8 Min Read LONDON (Reuters) - Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker’s backing of bitcoin this week could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year. FILE PHOTO: Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCitys Inside Energy Summit in Manhattan, New York, October 2, 2015. REUTERS/Rashid Umar Abbasi/File Photo Tesla Inc revealed on Monday it h...
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Elon Musk wants clean power. But Tesla's carrying bitcoin's dirty baggage

8 Min Read LONDON (Reuters) - Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker’s backing of bitcoin this week could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year. FILE PHOTO: Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCitys Inside Energy Summit in Manhattan, New York, October 2, 2015. REUTERS/Rashid Umar Abbasi/File Photo Tesla Inc revealed on Monday it h...
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