{"id":6163,"date":"2022-11-08T15:22:54","date_gmt":"2022-11-08T15:22:54","guid":{"rendered":"http:\/\/ci02afd2fdb00025f0"},"modified":"2025-09-28T17:47:17","modified_gmt":"2025-09-28T22:47:17","slug":"nomura-unit-to-launch-bitcoin-trading","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/nomura-unit-to-launch-bitcoin-trading","title":{"rendered":"Japanese Banking Giant\u2019s Subsidiary To Launch Bitcoin, Crypto Trading In 2023: Report"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>Laser Digital, the recently-launched cryptocurrency subsidiary of Nomura, Japan\u2019s largest brokerage and investment bank, plans to significantly increase its staff to boost its suite of offerings, per a report from Blockworks. Plans include the launch of a cryptocurrency trading platform for institutional clients in 2023.<\/p>\n<p>The unit intends to increase its staff to 55 over the course of the next three months. That would mean a 45% increase in its workforce as it seeks to provide a slew of Bitcoin and cryptocurrency services and dip its toes on VC investing in the sector.<\/p>\n<p>At first, Laser Digital is looking to raise staffing levels in its Swiss headquarters, followed by other centers being launched in Dubai and London. Following the strengthening of its global staffing levels, the firm will discuss setting up operations in Japan.<\/p>\n<p>CEO Jez Mohideen reportedly expressed that Laser Digital is in no hurry to report a profit as the firm awaits regulator approval in Dubai.<\/p>\n<p>According to Mohideen, the initial idea of creating a separate unit for bitcoin and cryptocurrencies was met with resistance by Nomura\u2019s management team.<\/p>\n<p>\u201cFor us, it\u2019s taken a while, a lot of work, and we\u2019ve got to a point now where the firm is a strong believer,\u201d said Mohideen. \u201cIt\u2019s a project that needs to be done.\u201d<\/p>\n<p>Laser Digital\u2019s trading platform will target institutional clients, family offices, high-net-worth individuals and hedge funds actively investing in the bitcoin and cryptocurrency space as the company intends to bridge a gap between institutional interest and the broader crypto ecosystem.<\/p>\n<p>\u201cThe deep skills that we\u2019ve acquired in the area of quant, electronic-trading platform builds and rigorous risk management skill sets. So that\u2019s what we hope to bring,\u201d Mohideen said. \u201cI think that this sort of skill set is invaluable for the institutionalization of digital assets. There\u2019s no question everybody\u2019s waiting in the crypto ecosystem for institutions to come in.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Laser Digital, Nomura\u2019s bitcoin and crypto focused unit, will reportedly launch an institutional trading platform by the first quarter of next year.<\/p>\n","protected":false},"author":2785,"featured_media":6164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[76,202,1249,93,1329],"class_list":{"0":"post-6163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bitcoin","9":"tag-bitcoin-trading","10":"tag-institutional-adoption","11":"tag-news","12":"tag-nomura"},"author_data":{"id":2785,"name":"Shawn Amick","nicename":"shawn-amick","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/MjEwMTYzMzc3Njg5ODYzNjQ2-96x96.webp"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/4488987523_fe31fa1a65_k.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/6163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2785"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=6163"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/6163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/6164"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=6163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=6163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=6163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}