Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients


Sumitomo Mitsui Trust – one of the largest asset managers in Asia – will tap Tokyo-based crypto exchange Bitbank to set up a company offering digital asset services to institutional clients this year. The newly created firm will hold cryptocurrencies and Non-Fungible Tokens (NFTs) for “large investors and corporations.” Sumitomo Mitsui Trust Focused on Security … Read more

Japan’s Second Largest Bank To Launch Institutional Bitcoin, Crypto Custodial Services


Sumitomo Mitsui Trust will partner with Bitbank to form a company focused on institutional custodial services for bitcoin and other cryptocurrencies. Japanese bank Sumitomo Mitsui Trust is launching a new company for institutional clients looking for custodial services for bitcoin and other cryptocurrencies. The new company will be called Japan Digital Asset Trust and is … Read more

Japan’s Largest Investment Bank Formed Institutions-Focused Crypto Unit


Only days after launching its first-ever Over-the-Counter Bitcoin derivatives to institutional clients, Japan’s largest investment bank Nomura doubled down on its crypto-based services by launching a new digital asset unit for institutional investors. The financial giant will house a mix of digital asset companies underneath its newly established subsidiary, which will recruit 100 employees by … Read more

Japanese Broker Nomura To Launch Bitcoin, Crypto Subsidiary: Report


Japan’s largest investment banking broker is set to launch a subsidiary focused on institutional bitcoin and cryptocurrency products. Japanese brokerage Nomura will reportedly launch a subsidiary to offer bitcoin and other cryptocurrency services to institutional clients. The wholly-owned unit will have a staff of 100 by 2023, a report said. Nomura executed some of its … Read more

Japan’s Largest Broker Nomura Now Offers Bitcoin Derivatives


Nomura Holdings began trading bitcoin derivative contracts this week including options and futures citing increased institutional demand. Nomura Holdings, Japan’s largest brokerage, now offers bitcoin-based derivatives. Available derivative contracts are non-deliverable forward and options, as well as futures and options contracts. Nomura’s economic consulting arm Nomura Research Institute launched a crypto-asset index in 2020. Nomura … Read more