Nomura trims crypto exposure as Q3 profit declines; CFO reiterates long-term commitment
Nomura has temporarily reduced its exposure to digital assets following a decline in third-quarter profit, Chief Financial Officer Hiroyuki Moriuchi said, emphasizing that the firm remains committed to the sector over the long term while managing near-term risks.
Risk management and near-term positioning
Moriuchi said Nomura is prioritizing risk management in the current environment and adjusting positions accordingly. The move reflects a focus on curbing short-term volatility and protecting capital as market conditions evolve. While the bank did not disclose specific changes to its holdings, the reduction is framed as a tactical step rather than a strategic retreat.
Long-term digital asset strategy intact
Despite the shift in near-term exposure, Nomura is maintaining its broader digital asset strategy. The firm has invested in infrastructure and capabilities across trading, custody, and asset management, including through its digital asset subsidiary, Laser Digital, launched in 2022. Moriuchi reaffirmed that Nomura sees long-term opportunities in tokenization, institutional-grade crypto services, and broader adoption of blockchain-based markets.
Institutional context
Nomura’s approach mirrors a wider trend among global financial institutions balancing tactical risk reduction with ongoing investment in digital assets. Market volatility, evolving regulation, and macroeconomic uncertainty continue to shape how banks calibrate exposure, even as they build out longer-term capabilities to serve institutional demand.
The company indicated it will continue to evaluate market conditions and adjust exposure as needed while pursuing its long-term objectives in the sector.