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Updated 22 Oct, 2024

Written by Vivek

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Nomura-backed crypto custodian Komainu makes first acquisition

   Komainu, the cryptocurrency custodian backed by Nomura Holdings, is buying Singaporean rival Propine Holdings in its first acquisition.The takeover of Propine, which is pending approval from Monetary Authority of Singapore, is likely the first of several acquisitions, Komainu co-CEO Paul Frost-Smith said in an interview. He declined to say how much Komainu is paying for Propine.Buying Propine will yield Komainu a Capital Market Services license in Singapore, Frost-Smith said, adding that it’s 'an absolutely key factor in building' the business. Komainu is stepping up an expansion in Asia, where economies from Singapore to Hong Kong and Japan have established regulatory regimes for digital assets in the past few years.

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Top 10 Cryptocurrencies by Market Cap

by Vivek , 08 Aug, 2024

Top 10 CryptoCurrencies

Market capitalization, or market cap, is calculated by multiplying the current price of a cryptocurrency by the total number of coins or tokens that are in circulation.
As of August 2024, the top 10 cryptocurrencies by market cap represent a diverse array of digital assets, each with unique features and applications. Bitcoin (BTC) leads the market as the first and most valuable cryptocurrency, often regarded as digital gold. Ethereum (ETH) follows