Nomura and Partners Launch Digital Asset Custodian

Nomura and its cryptocurrency partners Ledger and CoinShares launched Komainu, a custodian to safeguard digital assets for financial institutions. Several large financial institutions, including Nomura, are hoping that traditional assets such as bonds or stocks can be digitized and issued using blockchain technology to cut costs and simplify some processes. Komainu can integrate with the technology systems of financial institutions and will only accept clients and tokens that have passed anti-money laundering and provenance checks.