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Banking giant Nomura invests in DeFi protocol

GB Market Commentary 15/02/2023

by Marcus Sotiriou


Today it was announced that Japanese investment banking giant Nomura’s digital asset subsidiary, Laser Digital, has invested in Infinity Exchange, a decentralised finance (DeFi) protocol. The size of the deal was not disclosed by either parties.


Digital asset platform Infinity was founded by a Morgan Stanley alum, and is focused on institutional lending and borrowing, as it aims to combine blockchain-based, permissionless settlements with traditional finance (TradFi) processes and risk management.


Infinity gives firms a basis for benchmark interest rates, lending, borrowing and risk management in decentralised finance through its digital asset platform.


Laser Digital’s investment demonstrates how institutional interest in the crypto space is still prevalent, despite the regulatory hurdles the industry is currently facing.


I think this is a significant milestone for the space, as the growth of a digital asset platform like Infinity could enhance institutional capital flowing on-chain, with a better understanding and management of risk.


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