Could you elaborate on the feasibility of Nomura Holdings, a leading Japanese financial institution, investing in cryptocurrencies? Given the volatile nature of digital assets and the stringent regulatory frameworks in Japan, does Nomura have the necessary infrastructure and expertise to safely navigate the crypto landscape? Would such an investment align with the company's overall strategic objectives and risk profile? Additionally, how would Nomura ensure compliance with regulatory requirements while exploring opportunities in this rapidly evolving field? Your insights would be invaluable in understanding the challenges and potential benefits of Nomura investing in cryptocurrencies.
7 answers
BonsaiVitality
Tue Jul 09 2024
Nomura, a leading financial institution, had aspirations to launch a cryptocurrency subsidiary with a board of directors comprising of Japanese expatriates.
Dario
Tue Jul 09 2024
This decision was made in anticipation of recruiting local experts in the crypto industry once the framework was established.
SsamziegangSerenadeMelodyHarmonySoul
Mon Jul 08 2024
The proposed subsidiary was intended to operate from a location outside Japan, providing Nomura with a global perspective on the cryptocurrency market.
charlotte_anderson_explorer
Mon Jul 08 2024
As an ETH maximalist, he firmly believes in the potential and longevity of Ethereum, a leading smart contract platform.
QuasarGlider
Mon Jul 08 2024
The focus of the subsidiary was to invest in cryptocurrencies and non-fungible tokens (NFTs), recognizing the potential of these digital assets.