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Singapore-based cryptocurrency company Penguin Securities completes 2.8 billion yen funding to enter the Japanese market
Deep Tide TechFlow News, February 5th, according to CoinPost, Singapore-based cryptocurrency company Penguin Securities announced the completion of approximately 2.8 billion yen (about $18 million) in funding, with investors including mint, Tokyo University of Science Investment Management, and several other Japanese investment institutions. The company was co-founded in February 2023 by Japanese entrepreneurs Yuya Kuratomi, Kentaro Kawabe, and Shoto Setoguchi, and has obtained a Capital Markets Services License from the Monetary Authority of Singapore (MAS) in 2025.