Laser Digital, a subsidiary of Nomura Group, plans to increase its cryptocurrency companies in Japan, Bloomberg reported on Friday.
The Swiss-based unit is making ready to use for a cryptocurrency buying and selling license to serve institutional purchasers and is in preliminary discussions with Japan's Monetary Providers Company (FSA), CEO Jez Mohideen mentioned.
“Our entry into Japan displays our optimism concerning the Japanese digital asset ecosystem,” Mohideen mentioned.
The information is available in the identical week that Tokyo-based Nomura rival Daiwa Securities started permitting clients to obtain Bitcoin. BTC$120,293.95 and ether Ethereum$4,476.08 This exhibits the convergence of digital finance and conventional finance (TradFi) in Japan.
Laser didn’t instantly reply to CoinDesk's request for remark.