Nomura Holdings, Japan’s premier investment bank and brokerage, has undertaken a strategic scaling back of its exposure to digital assets and cryptocurrency-related ventures. This move comes directly after the firm reported significant financial setbacks during the third fiscal quarter, prompting a reassessment of its risk profile across non-core and highly volatile sectors. While Nomura had previously shown robust interest in building out its digital asset custody and trading capabilities, executives now confirm a sharp pivot toward minimizing balance sheet exposure to crypto assets and derivatives. The Q3 losses, attributed partly to challenging market liquidity and specific write-downs within its wholesale division, necessitated a tightening of capital allocation. This reduction in crypto involvement reflects a broader trend among major global financial institutions to prioritize stability and regulatory compliance over aggressive growth in the speculative digital currency space. Although speculative trading exposure is being curtailed, the firm stated it will continue to explore underlying distributed ledger technology (DLT) applications relevant to its core infrastructure.
Source: Japan’s Nomura cuts down crypto exposure following Q3 losses
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