Nomura, SBI to Manage Bitcoin, Ethereum Trades for Laser Digital in Japan
Nomura Securities and SBI Asset Management have been entrusted by Laser Digital to provide professional cryptocurrency services for trading Bitcoin and Ethereum in Japan. This move comes amidst a surge in Japan's cryptocurrency transactions, reaching ¥33.7 trillion ($230 billion) in the first seven months of 2025, indicating a significant increase in trading activity and institutional demand.
Laser Digital Holdings AG is planning to apply for a crypto trading license in Japan, targeting institutional investors. This expansion is backed by Nomura Holdings, Inc., which aims to grow its digital asset market in Japan through its subsidiary, Laser Digital. The decision is driven by favorable regulatory reforms and soaring trading volumes in Japan's cryptocurrency market.
Bitcoin currently stands at $120,468.20 with a market cap of approximately $2.40 trillion, commanding 57.98% of the market. Nomura's push into digital assets aligns with the acceleration of regulatory reforms in Japan, opening doors for more institutional engagement.
Nomura Securities and SBI Asset Management have been entrusted with managing Bitcoin and Ethereum trades for Laser Digital in Japan. This move is part of Nomura's broader strategy to expand its digital asset market in Japan, fueled by favorable regulations and escalating trading volumes in the stock market today. Laser Digital is also set to apply for a crypto trading license in Japan, focusing on institutional investors.
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