Japanese investment bank Nomura has announced that it has started offering over-the-counter (OTC) Bitcoin (BTC) derivatives to its clients for access to my rapidly growing crypto industry.
nomura, on Friday, May 13 Responding to the growing demand from institutional investors and private customers, it has launched over-the-counter cryptocurrency derivatives, according to the statement. With this move, the bank Goldman Sachs and JPMorgan joined its competitors.
Head of global markets Asia ex-Japan, Nomura Rig Karkhaniscrypto asset trading firm at CME, said in a statement. CumberlandDRW This week, it confirmed the Japanese investment bank’s first digital asset trades.
Karkhanis also said, “Working with enterprise-level parties will allow us to scale with increasing demand from our customers. Options allow traders to trade directly with volatility and hedge against risk.” he stated.
Nomura, fund manager in June 2020 CoinShares and crypto wallet provider ledger digital asset custody initiative KomainuIt was one of the first banks to explore the custody of crypto assets. Initiative in March 2021 $25 million raised capital.