Nomura Holdings, GMO Group form stablecoin research partnership in Japan
Nomura Holdings and the GMO Internet Group are exploring ways to bring new stablecoin offerings to the Japanese market.
Nomura Holdings, a financial services company active in 30 countries, and the GMO Internet Group have formed a partnership focused on issuing Japanese yen (JPY) and U.S. dollar (USD) stablecoins in Japan.
The partnership will also include Laser Digital Holdings, a Nomura Holdings enterprise that offers trading solutions and asset management for digital assets.
The newly announced partnership will focus on traditional stablecoin issuance, regulatory compliance, and stablecoins-as-a-service. Nomura Holdings CEO Kentaro Okuda released a press statement following the announcement, in which he said stablecoins “will inevitably play an important part in financial markets.”
Nomura Holdings and the GMO Internet Group are exploring ways to bring new stablecoin offerings to the Japanese market.
Nomura Holdings, a financial services company active in 30 countries, and the GMO Internet Group have formed a partnership focused on issuing Japanese yen (JPY) and U.S. dollar (USD) stablecoins in Japan. The partnership will also include Laser Digital Holdings, a Nomura Holdings enterprise that offers trading solutions and asset management for digital assets.The newly announced partnership will focus on traditional stablecoin issuance, regulatory compliance, and stablecoins-as-a-service. Nomura Holdings CEO Kentaro Okuda released a press statement following the announcement, in which he said stablecoins “will inevitably play an important part in financial markets.”Read more