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Breaking: Nomura Group’s Crypto Subsidiary Launches Bitcoin Fund
The digital asset subsidiary of Nomura Group, Japan’s largest investment bank and brokerage group, has launched a Bitcoin fund. The fund is the first digital adoption investment solution by Nomura’s subsidiary and will enable institutional investors to access digital assets amid rising demand. Nomura’s digital assets subsidiary Laser Digital Asset Management launched the Bitcoin Adoption The post…
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Nomura’s Crypto Unit Sees Delay In Turning Profitable Amid Major Market Rout
Banking giant Nomura Holdings Inc. recently stated that its cryptocurrency unit, Laser Digital, could take longer than expected to turn profitable amid the recent rout in the crypto market. Nomura started its crypto unit last year in September 2022 with the goal of turning it profitable by 2024. Laser Digital Chief Executive Officer Jez Mohideen The post Nomura’s Crypto Unit Sees Delay In Turning…
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Investors want crypto, but not without TradFi backing: Nomura survey
A Nomura Laser Digital survey has revealed the majority of institutional investors polled are still keen on crypto.
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Nomura to Compete With Goldman Sachs in Crypto Space
Nomura to Compete With Goldman Sachs in Crypto Space
Although the crypto winter of 2022 has disrupted the entire crypto industry, traditional banking giants are showing confidence in the sector. Japanese banking giant Nomura Holdings is planning to turn its crypto unit – Laser Digital – profitable in two years. Nomura launched its digital assets arm earlier this year in September 2022. Laser Digital has the backing of Nomura investment bank to…
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