🚀 Komainu Expands: Acquires Singapore's Propine Holdings! 🚀

Big Move Alert: Komainu, a crypto custodian backed by Nomura Group, is making waves with its first-ever acquisition—buying out Singaporean rival Propine Holdings! While the deal is still awaiting approval from the Monetary Authority of Singapore (MAS), this acquisition marks a major milestone.

💼 Why It Matters: Propine, a digital asset custodian since 2018, secured a conditional MAS license in 2019, and this acquisition will hand Komainu a Capital Market Services license—key for future growth. As Komainu's co-CEO Paul Frost-Smith says, this is just the beginning, with big expansion plans ahead for Asia!

📈 Why Singapore? Rising demand for advisory and collateral management services makes Singapore a crucial market for Komainu's expansion.

💬 What’s your take on Komainu's bold move? Drop your thoughts in the comments! ⬇️

#KomainuExpansion #NomuraBacked #CryptoCustody #SingaporeCrypto #Write2Earn!