back Back

Nomura announces plan to establish new digital asset company

By Leandra Monteiro

May 17, 2022

  • Bitcoin
  • DeFi
  • Digital Asset
Share

NomuraNomura Holdings, Inc. (NHI) announced the creation of a new digital asset company that will offer institutional clients a comprehensive suite of trading, investor products and investment services.

Due to launch later this year, the new digital asset company will provide institutional clients and investors with products and services linked to cryptocurrencies, stable coins, decentralized finance (DeFi), non-fungible tokens (NFTs) and other tokens.

Steve Ashley, Chair of the new company and Head of Wholesale Division, said, “This is a major step forward as we look to scale-up our digital asset-related businesses and investments. 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.”

The new company will operate as a wholly-owned segregated entity of NHI, with dedicated capital and resources to accelerate time-to-market and ensure the pace of innovation required in the digital asset ecosystem. Specialist staff from Nomura will be integrated into the new company in addition to external hires.

The announcement follows the establishment of Nomura’s Digital Company in April this year. The Digital Company was formed following a reorganization of Nomura’s Future Innovation Company, with one strategic intention of building Nomura’s presence in the digital asset space.

Hajime Ikeda, Head of Digital Company, said, “Staying at the forefront of digital innovation is a key priority for Nomura. Digital assets and the ecosystem around them represent a generational shift in how financial assets can be created and used.”

“Establishing this new company is a critical foundation for us and key to building an end-to-end digital asset offering,” said Jez Mohideen, the unit’s newly appointed CEO. “The company will have top talent and business agility along with access to Nomura’s global network to build a top tier institutional digital asset franchise.”

Previous Article

May 17, 2022

Same Day ACH transaction limit increases to $1m unlocks new payment opportunities

Read More
Next Article

May 17, 2022

Interswitch receives investments to support financial inclusion and the FinTech ecosystem across Africa

Read More








IBSi Daily News Analysis

bahrain, islamic finance

April 17, 2024

Bitcoin

Sovereign upgrades elevate Sukuk ratings; GCC debt markets on track to break $1tn barrier

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 16, 2024

Lloyds Bank makes first digital trade transaction on WaveBL platform

Read More

April 03, 2024

Bybit Card integrates with Google Pay for user convenience in Europe

Read More

April 02, 2024

WSPN and MathWallet launch StableWallet, an AA wallet for Web3

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023