Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm – Finance Bitcoin News

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Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm – Finance Bitcoin News
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Nomura’s new crypto move follows a number of financial giants entering the cryptocurrency industry this year.

On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year.The investment banking giant from Japan, Nomura Holdings, is stepping into the world of crypto assets and in the coming months the new venture will reveal a slew of “new services and product lines.

The new Laser Digital Holdings is a Switzerland-incorporated holding company that aims to establish three vertical product offerings including secondary trading, venture capital, and investor products. The new venture will be led by Jez Mohideen as CEO and Steven Ashley as Laser Digital’s chairman.

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