Japanese Banking Giant Nomura Plans to Launch Cryptocurrency Exchange

Japanese banking giant Nomura, which has $442 billion in assets under its management, announced that it is preparing to launch a trading platform for Bitcoin (BTC) and cryptocurrencies.

One of Japan’s largest banks nomura, It wants to consolidate its position in the sector by opening a crypto currency exchange. Currently related to cryptocurrencies “Laser DigitalThe bank, which has a unit named ”, also determines the number of personnel in that unit. 45% announced an increase. The bank’s cryptocurrency trading platform will bear the same name as its cryptocurrency unit “Laser Digital” and will be launched in the first quarter of 2023, according to officials’ estimates.

Nomura is Laser Digital’s subsidiary, which acts as the crypto arm. Dubai and in London as well as other centers Switzerland It also aims to increase the number of personnel in its center.

CEO of the bank Jez Mohideen He made the following statements about the developments:

It took some time, we worked hard, and we are now at a point where the firm has strong belief. We will continue to expand our client base as regulations come in, depending on jurisdiction.

The long-term and comprehensive plans of the cryptocurrency trading platform Laser Digital are aimed at addressing institutional clients, family offices, high-net-worth individuals, and hedge funds actively involved in the crypto space.

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