Nomura’s Digital Division to Focus on Cryptocurrencies First, DeFi Later

“To start with, I would say the top 10 cryptocurrencies by market capitalization we will be looking at opportunistically for market making and client services,” Mohideen said in an interview. “Then basically, we’ll go down further the market cap chain to see the opportunity based on institutional demand. So, also looking at DeFi protocols, if these get launched in our own launch pads, we will look to make markets there as well.”