Singapore-based cryptocurrency company Penguin Securities has completed a funding round of approximately US$18 million, with participation from several Japanese investment institutions, including Tokyo University of Science Investment Management Co., Ltd.

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MarsBit
02-05
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According to Mars Finance, Singapore-based cryptocurrency company Penguin Securities announced the completion of a funding round of approximately 2.8 billion yen (about US$18 million). Investors include mint, Tokyo University of Science Investment Management, and several other Japanese investment institutions. The company was co-founded in 2023 by Japanese entrepreneurs Yuya Kuratomi, Kentaro Kawabe, and Sho Setoguchi, and obtained a Capital Markets Services License from the Monetary Authority of Singapore (MAS) in 2025.

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