Today Nomura, Japan’s largest securities firm, said it would create a new digital company on April 1st. It’s not an entirely new venture. In 2019 Nomura set up the Future Innovation Company, which will be rolled into the startup with the addition of 20% more headcount.
The goals of the startup are quite broad, and the only specifics that were mentioned related to digital assets.
“Digital assets such as cryptocurrencies, security tokens, and non-fungible tokens are gaining presence as a new asset class,” said Nomura in a statement. “The fusion of innovations stemming from distributed ledger technology with traditional finance is giving rise to a new range of services. By tapping into this, Nomura aims to expand its private markets businesses and broaden its services in focus areas including sustainability and decarbonization.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
