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Benzinga
Benzinga
Business
Navdeep Yadav

Japan's Nomura Launches Its First Bitcoin Derives Amid Crypto Crash

Nomura Bitcoin NMR Nomura Holdings Inc NYSE

Japanese financial services company Nomura Holdings Inc (NYSE:NMR) has started offering Bitcoin derivatives to its institutional clients due to high demand.

What Happened: Nomura's head of markets, Asia ex-Japan, Rig Karkhanis in a statement said the Japanese investment bank carried out the first trade earlier this week on CME Group Inc.’s (NASDAQ:CME) platform, according to Reuters.

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