Japan’s largest wealth manager Nomura has reduced its exposure to cryptocurrencies after recent market turbulence hurt short-term profits.
The firm manages about ¥153 trillion in assets and said the move is aimed at controlling volatility rather than exiting crypto altogether.
Nomura’s Chief Financial Officer Hiroyuki Moriuchi confirmed that the company trimmed crypto positions at its European digital asset arm, Laser Digital Holdings.
The unit reportedly posted losses of around ¥10.6 billion in the third quarter of 2025 amid sharp market swings.
Despite the pullback, Nomura stressed its long-term commitment to digital assets. Laser Digital continues to expand cautiously and has applied for a US federal banking license to offer crypto custody and trading services.
Following a wider market decline following the October top of cryptocurrency values, the decision was made. Nomura’s action confirms the increased emphasis on risk management and regulatory compliance as Japan prepares to tighten its cryptocurrency regulations.
You need to login in order to Like
Leave a comment