Based on reports, Nomura Holdings is preparing to strengthen its footprint in Japan’s crypto market as trading activity picks up across the country.

The move comes through Laser Digital Holdings, a Nomura unit based in Switzerland that is now in pre-consultation with Japan’s Financial Services Agency to seek a license to offer trading services to institutional clients.

The talks signal a push to bring more traditional finance players into the market.

Nomura Deepens Its Bet

Laser’s CEO, Jez Mohideen, told Bloomberg the application reflects the group’s confidence in Japan’s digital asset scene. Laser was launched in 2022 and already won a full crypto business license in Dubai in 2023.

Nomura Holdings plans to expand in Japan’s digital-asset market through a subsidiary, as crypto tradi

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