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Nomura to Revamp Digital Asset Division

Nomura Holdings, Inc. is about to revamp its Future Innovation Company into a newly established Digital Company, effective April 1, 2022, the firm announced. Future Innovation Company was established in April 2019 and focused on planning and developing digital services. According to a story in Finance Feeds news, the reorganization aims to strengthen collaboration in the digital domain across Nomura subsidiaries, including its international operations, and foster initiatives in the name of its new strategic mission, which includes further business development and global collaboration. Nomura acknowledges that digital assets such as cryptocurrencies, security tokens, and non-fungible tokens are gaining presence as a new asset class and a new range of services is emerging as distributed ledger technology is applied to traditional finance. Nomura will tap into this and expand its private markets businesses, broaden its services and leverage advanced digital technologies to provide clients with new investment opportunities and added value, the firm stated.

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