Nomura
Nomura Holdings has ditched its effort to restart a proprietary trading desk in London after less than two years. The short-lived initiative underscores how Japan's largest brokerage persisted with high-risk bets despite claims of a customer-focused overhaul.
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Japan's largest investment bank, Nomura Holdings, is seeking regulatory approval to expand its cryptocurrency services through its subsidiary Laser Digital. This move comes amid surging crypto adoption in Japan, with transaction values doubling this year. The effort highlights growing institutional interest in digital assets despite some operational challenges.