Nomura, an investment bank in Japan planned to use cryptocurrency

Lens1000

VIP Contributor
The cryptocurrency is gaining traction has so many financial institutions that were deemed fit are venturing into cryptocurrency investment. A bank in Japan also planned to deep toes into the decentralized finance (DeFi), cryptocurrency and non-fungible token (NFT) for its institutional clients. This is a good step in the right direction for the bank called Nomura, an investment bank based in Japan.

A survey revealed that major banks in the world would adopt cryptocurrency in the future and this is one of the evidence. The bank would trade bitcoin futures and would also allow its users to carry out NFT transactions. It is important to note that this transactions is limited to instructional clients alone and the management plan that it will be extended to other clients in the future.

The Bank planned to employ 100 people to man this particular project. Nomura took the step irrespective of the turbulence that is in cryptocurrency market presently and it is a giant strives for this bank at this period. This is basically what we've been expecting in the financial space and it is worth considering for the future of the financial markets. This is not the first time and investment bank would be involving itself in cryptocurrency.
 

Flow-er

Active member
Nomura which is an investment bank in Japan is one of the famous bank that has deemed it fit to integrate cryptocurrency into its financial system. It is very good to join the moving train rather than criticizing cryptocurrency because the rate at which this particular space is developing is so alarming and it calls for a serioius Integration. It is very important that if we integrate cryptocurrency into our financial system, it will cause a lot of positive impact and it will also bring about lots of development through our financial system.

This is one of the major reasons why we need to take cryptocurrency adoption as important as much as possible. It will be very easy for the client of this bank to transact using cryptocurrency via the platform provided by the bank. It is better that the bank does this instead of criticizing cryptocurrency and losing money.

It is also one of the ways to also expand your cryptocurrency portfolio and it will go a long way into giving you a huge profit in the future. This is basically the truth because most of the banks or companies that are offering cryptocurrencies are trying to extend their income sources into a cryptocurrency space.
 
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