Singapore-based cryptocurrency company Penguin Securities completes approximately $18 million in funding, with participation from multiple Japanese investment institutions including Tokyo University of Science Investment Management Company.

Odaily Planet Daily reports that Singapore-based cryptocurrency company Penguin Securities has 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 other Japanese investment institutions. The company was co-founded in February 2023 by Japanese entrepreneurs Yuya Kuratomi, Kentaro Kawabe, and Sho Setoguchi, and has obtained a Capital Markets Services License from the Monetary Authority of Singapore (MAS) in 2025. (CoinPost)
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