Japanese securities giants with a total market value of about 48 billion US dollars are considering entering the cryptocurrency trading business, with the largest among them aiming to offer crypto trading services by the end of 2026.
According to Japan's Nikkei, Nomura Holdings, Japan's largest securities provider managing about 673 billion US dollars in client assets, will carry out related business through its Swiss crypto subsidiary LaserDigital. The report states that two other companies—Daiwa Securities Group and SMBC Nikko Securities—are also actively considering entering the cryptocurrency trading market.
The report states that these companies expect a surge in crypto investment demand when Tokyo relaxes restrictions on cryptocurrency exchange-traded funds, so they are making preparations in advance. Japanese companies refuse to let the Bitcoin price crash undermine their crypto adoption plans, and it is expected that by 2026 many digital asset reserves will increase their crypto holdings.
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