Today, London-based alternative financing company Kimura Capital joined the Minehub blockchain consortium to provide financial liquidity to the metals and mining industry.
Kimura is an asset management company specializing in commodity trade finance. It is also a member of the Alternative Investment Management Association (AIMA). Minehub already has a bank, ING, on its member list. With Kimura, the consortium aims to provide another means of financing to miners and other supply chain participants.
“Working with Kimura and their peers, in conjunction with commercial banks and other financial institutions, MineHub will improve the working capital options and costs for miners, traders and other users,” said Arnoud Star Busmann, CEO of MineHub.
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