Singapore cryptocurrency company Penguin Securities has completed approximately $18 million in financing, with participation from several Japanese investment institutions including Tokyo University of Science Investment Management Company

Singapore cryptocurrency company Penguin Securities announced the completion of approximately 2.8 billion yen (about 18 million USD) 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 2023 by Japanese entrepreneurs Yuya Kuratomi, Kentaro Kawabe, and Shogo Setoguchi, and has obtained a Capital Markets Services License from the Monetary Authority of Singapore (MAS) in 2025.