Singaporean cryptocurrency company Penguin Securities completes 2.8 billion yen financing and will enter the Japanese market

CoinWorld reported: According to CoinPost, Singapore-based cryptocurrency company Penguin Securities has announced the completion of approximately 2.8 billion yen (about 18 million US dollars) in financing, with investors including mint, Tokyo University of Science Investment Management Company, and several other Japanese investment institutions. The company was co-founded in February 2023 by Japanese entrepreneurs Yuya Kuratomi, Kentaro Kawabe, and Sho Setoguchi, and obtained the Capital Markets Services License from the Monetary Authority of Singapore (MAS) in 2025.