Nomura Offers Bitcoin Options Trading Amid Digital Asset Push – Ledger Insights

Friday, nomura announced that it now offers Bitcoin derivatives trading for Asian clients in the form of non-deliverable OTC futures and options. Additionally, last week he executed his first Bitcoin futures and options trades with CME Group and Cumberland DRW.

“Digital assets have come a long way over the past few years, with infrastructure developing to keep up with investor interest,” said Rig Karkhanis, head of global markets, Asia ex-Japan. “Working with institutional-grade counterparties will allow us to adapt to the growing demand of our clients.”

This follows the announcement in March that Goldman Sachs had executed its first OTC Bitcoin options trade with Galaxy Digital as part of the expansion of institutional cryptocurrency offerings.

Nomura is increasingly active in the field of digital assets. It owns a crypto custody joint venture Komainu, working with Coinhshares and technology provider Ledger. Last year, Nomura invested in Crypto Garage, a licensed crypto-asset exchange that provides a SETTLENET settlement service.

In March this year, Nomura also announced a new digital innovation subsidiary mentioning a focus on digital assets, including cryptocurrencies, security tokens, and non-fungible tokens.

On the security token front, Nomura Holdings launched BOOSTRY, a security token issuance platform with related company Nomura Research Institute in 2019. More recently, it partnered with Tokyo Stock Exchange owner JPX , to issue green bonds using the BOOSTRY platform.

Another Friday announcement may or may not be related to digital assets. Nomura Holdings partners with Nomura Real Estate to expand its real estate fund management business. This is notable because BOOSTRY’s main competitor is Progmat, a security token platform developed by MUFG. And Progmat has so far been used to tokenize real estate investments with expansion plans into other asset classes, utility tokens and stablecoins.

Sylvia B. Polson