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Japanese Asset Manager Nomura Will Explore Crypto and NFTs with New Unit

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In a move that may signal growing institutional interest in cryptocurrencies and NFTs, Nomura Holdings announced the formation of a new digital asset team to explore potential opportunities in this asset class..

Asset management company said that it is restructuring its Future Innovation Company into a new digital company due to start operations in April. The main task of the new company will be to increase the use of digital assets by customers and provide related services.. Nomura Group Chairman and CEO Kentaro Okuda said:

“The new digital company will lead to greater collaboration between internal and external players, accelerate digital adoption and improve our customer service.”

The asset manager, who manages about $641 billion in assets, said he is looking to increase digital adoption in his operations. As reported, the new division will explore the possibilities of cryptocurrencies and NFTs, among other digital assets..

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