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Home Cryptocurrency News

Japanese Finance Giant— Nomura Holdings, Invests in Omise (OMG)

Joshua T. by Joshua T.
July 24, 2019
in Cryptocurrency News
OmiseGo

According to a recent report, Nomura Holdings, a massive Japanese investment group with global reach has invested in Omise Holdings, the parent company of OmiseGo (OMG) and GO.Exchange.

Invest Size Not Disclosed

Although the size of the investment made was not disclosed, it will be used by Omise to scale its operations across several sections of its business. Example of these sections include payments, blockchain technology, and digital asset exchanges.
It was also stated that some of the money will be used to support ongoing development for OmiseGo as well as other platforms under the company’s wing, like GO.Exchange.

The firm also noted that this new investment could help “lead the charge of the next wave of financial innovation.”
The company is looking to support new businesses, develop a more inclusive financial system and rapid growth of the asset tokenization market.

Regulated Finance World Embracing Crypto

Jun Hasegawa, Group CEO of Omise Holdings, made known is gratitude in a recent post. Notably, the CEO stressed the importance of the willingness of the “regulated finance world” to embrace “the financial services, open infrastructure and disruptive technology we’re developing.”
Furthermore, he encouraged governments to be forward-thinking.  “The speed of blockchain regulation, policy and compliance continue to impact our industry, but we can’t allow that to stifle our growth,” he said. “[W]e’re seeking jurisdictions with stable and transparent regulatory frameworks and forward-thinking governments.”

Being the parent of two highly successful blockchain companies, OmiseGo and GO.Exchange, Omise Holdings has plans to pave the way for a more open financial infrastructure. The firm is looking forward to combining traditional and non-traditional services and platforms effectively.

Nomura is an Asian- based financial services group and one of the first financiers to explore digital asset custody. The company offers financial services to institutional and individual clients in thirty countries.

Tags: GO.ExchangeNomuraomisego
Joshua T.

Joshua T.

Olanrewaju Joshua is a Freelance writer, who loves to write about anything related to technology. His interest in Cryptocurrency started in 2015, and it has not stopped since.

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