According to Bloomberg, Komainu, a crypto company under Nomura Securities, plans to acquire the Singaporean crypto custody firm Propine. Komainu's co-CEO stated that the acquisition is awaiting approval from the Monetary Authority of Singapore.

According to Foresight News and a report by Bloomberg, Komainu, a compliance crypto custody company jointly established by Nomura Securities, Ledger, and CoinShares, plans to acquire its competitor Propine Holdings Pte Ltd. in Singapore. Komainu's co-CEO Paul Frost-Smith stated in an interview that the acquisition of Propine is awaiting approval from the Monetary Authority of Singapore, which could be the first of several acquisitions. He declined to disclose the specific amount of the acquisition.

Nomura's cryptocurrency firm Komainu plans to acquire Singaporean crypto custodian Propine.