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Nomura, the largest brokerage company in Japan, has launched B | Grey Cardinals

Nomura, the largest brokerage company in Japan, has launched Bitcoin derivatives trading

Japanese investment bank Nomura has started trading contracts for cryptocurrency derivatives.

According to the bank's statement, Nomura has launched over-the-counter cryptocurrency derivatives with non-deliverable forwards and non-deliverable bitcoin options for customers from Singapore.

"We also have the opportunity to offer bitcoin futures and options trading, and such transactions were conducted this week at CME with Cumberland DRW, which became the first digital asset transactions for Nomura," said Rig Karkhanis, the bank's head of global markets in Asia.

Previously, Nomura, together with CoinShares and Ledger, launched a custodial service for institutional investors.