Japanese investment bank Nomura began trading contracts on cryptocurrency derivatives.
According to a statement from the bank, Nomura launched over-the-counter cryptocurrency derivatives with non-deliverable forwards and non-deliverable bitcoin options for clients in Singapore.
“We also have the ability to offer bitcoin futures and options trading, and such trades were done this week at CME with Cumberland DRW, which was the first digital asset transactions for Nomura,” said the bank’s head of global markets in Asia, Rig Karhanis.
Earlier, Nomura along with CoinShares and Ledger launched a custodial service for institutional investors.