Digital Laser, a subsidiary of the Nomura group, plans to expand its cryptography offer in Japan, Bloomberg reported Friday.
The unit based in Switzerland is in conversations prior to the consultation with the Financial Services Agency (FSA) of Japan, since it prepares to request a cryptography trade license to offer services to institutional clients, according to the report quoted by the CEO Jez Mohideen.
“Our entry into Japan reflects our optimism in the Japanese digital asset ecosystem,” said Mohideen.
The news comes in the same week that the rival Daiwa Securities, based in Tokyo, has begun to allow customers to offer Bitcoin and ether As a guarantee for borrowing Yen, demonstrating the convergence of digital and traditional finances (traditions) in Japan.
Laser did not immediately respond to the request for comments from Coindesk.
