Phase one of Nomura’s new digital-assets division will include the top 10 cryptocurrencies, with DeFi and NFTs further down the line.
The Japanese investment bank carried out its first cryptocurrency derivatives trades last week.
Nomura carried out bitcoin futures and options trades with derivatives exchange CME Group and crypto market maker Cumberland DRW.
CoinShares, Nomura Bank and crypto security firm Ledger have formally launched a digital asset custody business targeting institutional investors.
Pegged to Japan's cryptocurrency market, Nomura's benchmark will be available to domestic and overseas institutional investors and crypto exchanges, among others.
MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management.
The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.
Ledger's crypto custody venture with Japanese bank Nomura may take longer than expected to launch, the startup's president said.
Japan financial group Nomura has invested in Y Combinator-backed smart contract auditing startup Quantstamp.
Analysts from Japanese financial holdings company Nomura have estimated that the rise bitcoin prices could boost Japan's economic growth.