Nomura Aims to Capitalize on Japan’s Booming Institutional Cryptocurrency Market

Nomura Holdings, a renowned securities company based in Japan, is actively expanding its presence in the burgeoning Japanese cryptocurrency market. Leveraging its subsidiary Laser Digital Holdings, the firm aims to offer crypto trading services to institutional investors within the country. Discussions with Japan’s Financial Services Agency (FSA) are currently underway, with an application for a license expected soon. If approved, Laser Digital will provide broker-dealer services to traditional financial institutions and crypto companies in Japan, including exchanges. This move follows growing interest from Japanese institutions in cryptocurrency investments, mirroring similar efforts by other major players in the market like Daiwa Securities Group, which recently launched a crypto lending service in Japan.