On Twitter Friday, Japanese venture bank Nomura said that it has started presenting over-the-counter Bitcoin subordinates agreements to its clients in Asia out of Singapore.
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“Options enable investors to trade volatility directly and protect against downside risks in the crypto market,” said Rig Karkhanis, Nomura’s head of worldwide business sectors for Asia ex-Japan, in an articulation joined to the tweet.
Tim Albers, Nomura’s head of forex organizing in Asia ex-Japan, told Bloomberg in a meeting:
“There has been significant volatility recently. … Once the dust settles, valuations will become more attractive for institutional clients. We’re pretty excited to get this off the ground.”