Japan’s Nomura Bank to Establish New Subsidiary Company Abroad
2022.05.17 14:52
Japan’s Nomura Bank to Establish New Subsidiary Company Abroad
- Nomura is on its way to establish a new subsidiary company.
- The company will help clients invest in cryptocurrency and non-fungible tokens.
- The bank also recently started offering Bitcoin (BTC) derivatives trading to Asian clients.
The largest investment bank in Japan, Nomura, is on its way to establish a new subsidiary company. The company will help clients invest in cryptocurrency and non-fungible tokens (NFTs).
Nomura has around $569 billion in assets under management as of Q1 2022 and is considered one of the 10 largest banks in Japan.
On Tuesday, the Financial Times reported that people with some information about Nomura’s plans stated that the company intends to bring together several crypto services under one single company and have around 100 people on its staff by 2023.
The company will be established abroad and will at first be seated by Nomura transplants while the company tries to gather Web3 and blockchain experts to incl …
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