Japanese banking giant Nomura launches digital ecosystem VC arm
“Staying at the forefront of digital innovation is a key priority for Nomura,” said president and group CEO of Nomura Holdings Kentaro Okuda. Nomura, one of the largest investment banks in Japan, has established a venture capital arm aimed at investing in companies focusing on crypto and blockchain.In a Wednesday announcement, Nomura said the business, named Laser Digital, will “provide new value in the area of digital assets” for clients under the Switzerland-based holding company Laser Digital Holdings AG. The investment bank said it chose Switzerland based on its “robust regulatory....
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On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year.
Nomura Introduces Laser Digital Holdings
The investment banking giant from Japan, Nomura Holdings, is stepping into the world of crypto assets and in the coming months the new venture will reveal a slew of “new services and product lines.” Nomura is one of the....
The firm stated in a release that it was establishing a new Digital Company, which would begin operations in April, as part of the restructuring. In a move that may suggest growing institutional interest in cryptocurrencies and NFTs, Nomura Holdings has announced it is establishing a new digital assets team to look into possible opportunities in the asset class.The wealth management company said that it was restructuring its Future Innovation Company into a brand new Digital Company, which will begin operations in April. The main objective of the new company will be to increase clients'....
The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digital asset space. The largest investment bank in Japan, Nomura, is set to establish a new subsidiary company to help institutional clients invest in cryptocurrency and nonfungible tokens (NFTs).The Financial Times reported on Tuesday, May 17, that people with knowledge of Nomura’s plans said the firm will bring together several crypto services under one single company with a staff of about 100 people by 2023.Nomura is one of Japan’s ten largest banks....
A leading Japan-based think tank is considering ways it could build on its existing exploration of blockchain technology. First announced in late 2015, Nomura Research Institute (NRI), an affiliate of Nomura Holdings, is already working on private proof-of-concepts (P0Cs) with Nomura Securities and SBI Sumishin Net Bank (SBI Sumishin). The Tokyo-based firm is exploring the technology’s use cases in Japan, a region where there have been relatively few blockchain industry developments. In a new interview with CoinDesk, Kazumitsu Yokokawa, head of the financial services research and....
Leading Japanese Investment bank, Nomura has decided to launch a crypto subsidiary. This new unit by Nomura shall be operated outside of Japan with a team of 100 personnel by the end of next year. This move is primarily concerned with facilitating institutional clients could invest in cryptocurrencies and non-fungible tokens. The report from Financial […]