đš INSTITUTIONAL PAIN EXPOSED: NOMURA'S $68M CRYPTO BOMB đš
Japanese giant Nomura confirms a massive 10.6 billion yen ($68 million) loss driven by its crypto arm, Laser Digital. This is the fallout from the brutal "10/10" crash.
âą Losses stemmed from battered "sizable" long positions held through October/November volatility.
âą CFO admits extreme downside punished their risk framework.
âą Despite the hit, Nomura claims commitment to digital assets remains "unchanged."
âą They are now aggressively tightening controls and reducing risk exposure immediately.
This shows even the big players get wrecked by crypto velocity. The iceberg theory is real.
#CryptoLoss #InstitutionalAdoption #LaserDigital #MarketCrash đ