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Nomura To Launch Bitcoin, Crypto Subsidiary: Report

  • Japanese brokerage Nomura will reportedly launch a subsidiary to supply bitcoin and different cryptocurrency providers to institutional shoppers.
  • The wholly-owned unit can have a employees of 100 by 2023, a report stated.
  • Nomura executed a few of its first trades with bitcoin derivatives final week.

Nomura Holdings Inc., Japan’s largest funding banking group, is launching a brand new subsidiary targeted on institutional consumer providers for bitcoin and different cryptocurrencies, in accordance to a report from the Financial Times.

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