Nomura's digital division will focus on cryptocurrencies first, then DeFi


“To start with, I would say the top 10 cryptocurrencies by market cap that we will review opportunistically for market making and customer services,” Mohideen said in an interview. “Basically, we will go further down the market capitalization chain to see the opportunity based on institutional demand. So looking at DeFi protocols as well, if they are launching on our own launch pads, we will look to create markets there as well.