Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients

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

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

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

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

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