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HomeCryptocurrency News TodayJapanese Nomura Bank Launches Komuneu for Institutional Cryptocurrency Investors with Coinbase

Japanese Nomura Bank Launches Komuneu for Institutional Cryptocurrency Investors with Coinbase

Nomura , Japan-based international investment bank, announced that they will start a new application on digital asset surveillance. With this new application, it is aimed to overcome the obstacles in front of the institutional investments to enter the crypto world.

Nomura-Ledger-Global Advisors Partnership

Nomura will make it with the partnership of digital asset security company Ledger and investment company Global Advisors.

Under the current circumstances, there are shortcomings in the world of cryptography about the storage of digital assets with powerful and legally regulated systems. For this reason, fund managers enter the crypto-money ecosystem and withdraw themselves without producing new investment vehicles in the field. One out of the 5 companies in the questionnaire will enter the crypto world next year with the result that the security of their assets has gained even more importance and priority.

“Komuneu” will provide institutional investors 

This new digital asset surveillance initiative will be named “Komuneu” and will provide institutional investors with an infrastructure and operational system to integrate traditional investment tools into the crypto industry.

The American cryptographic exchange Coinbase announced its own protection project to solve security and legal compliance issues. Coinbase Deputy Chairman Adam White said that this project has a potential of attracting $ 10 billion worth of corporate investors.

Earlier this month, the New York Stock Exchange-owner ICE announced plans to open up crypto money clearing contracts via BTC, which it said would require a securities solution approved by the Securities and Exchange Commission to be made available to institutional investors.

Emergency Asset Class

The general belief in the market is that the two remaining barriers in front of the mature crypto-currency market and large institutional investments are now: security problems and legal disputes. CNBC’s Robert Kelly suggesting that Crypto money is expected to soon become an “emergency asset class”. Resolving security issues will be a herald for the adaptation and wide spread of the traditional financial sector of cryptographic money.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
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