Today Nomura announced it has set up a digital asset subsidiary to target institutional clients, with plans to launch services later this year.
Offerings will cover cryptocurrencies, stablecoins, decentralized finance (DeFi), non-fungible tokens (NFTs) and other tokens.
“This is a major step forward as we look to scale-up our digital asset related businesses and investments,” said Steve Ashley, Chair of the new company and Head of Wholesale Division. “The new company will enable us to build an edge in providing institutional clients with access to a wide range of new products and services and contribute meaningfully towards responsible innovation in the digital asset ecosystem.”
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