Nomura Holdings will restructure its Future Innovation Company into a newly established company to leverage the rise of digital assets, effective April 1.
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- The Japanese financial services giant revealed in a statement its plans to expand its private markets business by tapping into new asset classes, including cryptocurrencies, security tokens and non-fungible tokens (NFTs).
- Nomura’s move acknowledges the convergence of the digital assets industry with traditional finance.
- The Future Innovation Company was established in April 2019 to develop Nomura’s digital services and explore new business opportunities.
- Nomura, a global financial services group with a network spanning over 30 countries and regions, joins Japan’s largest bank Mitsubishi UFJ in expanding digital assets offerings.
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