đ„ NOMURA CUTS CRYPTO EXPOSURE AFTER Q3 LOSSES
Japanâs largest wealth management firm, Nomura Holdings, is reducing exposure to cryptocurrencies following losses in the third quarter.
đ Details
Losses mainly from Laser Digital, Nomuraâs Europe-based crypto trading subsidiary
Move is short-term risk management, not a full exit
Nomura continues to see long-term potential in digital assets and blockchain
Objective: stabilize earnings and reduce profit swings amid market volatility
đĄ Takeaway
Nomura isnât abandoning crypto â itâs simply scaling back exposure until conditions become more stable.
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