Nomura Holdings, Japan’s largest brokerage firm, has strengthened its risk management measures in its cryptocurrency business following losses in the European digital assets market. Chief Financial Officer Hiroyuki Moriyuchi disclosed during a quarterly earnings call that the company has limited its virtual currency holdings and risk exposure to reduce short-term profit volatility. Although Nomura has recently reduced its cryptocurrency assets, it remains confident in the sector’s long-term growth and will continue investing in digital assets. Nomura’s significant role in the cryptocurrency sector complements its traditional financial services, reinforcing its presence in the digital assets market. Given the volatility and risks in cryptocurrency markets, enhanced risk management is deemed essential to protect investors’ interests and mitigate the impact of market uncertainties. Nomura’s strategy may serve as a model for other financial institutions focusing on improved risk management in cryptocurrencies. Looking ahead, Nomura is expected to pursue cautious yet steady growth in the cryptocurrency sector to maintain financial stability amid market fluctuations.
Source: binance
