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Nomura Explores the Metaverse in Digital Push to Lift Profit

  • Digital finance market growing ‘quite strongly,’ Numata says
  • JPMorgan, Fidelity, HSBC also among finance firms in metaverse
Kaoru Numata
Kaoru NumataSource: Nomura Holdings
Updated on

Nomura Holdings Inc. is building a team to help firms tap opportunities in the metaverse, as Japan’s biggest brokerage pushes deeper into digital services and private markets to boost profit. 

The Tokyo-based firm is considering using its investment banking knowledge to help companies in the virtual space raise money and advise on how to navigate regulations as they emerge, according to senior managing director Kaoru Numata, who oversees digital projects and retail marketing. Details of Nomura’s plans for the virtual reality market are still being worked out, he said.