Nomura Holdings, Japan’s largest asset manager, has started offering Bitcoin derivatives trading to clients in Asia. Tim Albers, head of FX structuring in Asia at Nomura Holdings, said in an interview that the firm now supports Bitcoin futures and options trading.
Nomura Holdings made its first digital transaction this week on CME Group Inc.’s platform with Cumberland DRW LLC, a market maker in Bitcoin and other cryptocurrencies, the report said.
Earlier in March, Nomura Holdings announced that it would set up a division focused on the cryptocurrency business. Nomura is reported to manage assets worth about 74 trillion yen ($641 billion).