Nomura Securities’ subsidiary invests in DeFi protocol Infinity Exchange

02/15/2023 09:11 • Tech Trends • 107 views

It is reported that Laser Digital, the encryption subsidiary of Nomura Securities, a Japanese financial services giant, invested in the DeFi protocol Infinity Exchange. Last September, Infinity obtained $4.2 million of investment in seed round financing, including GSR and Flow Traders.

DeFi agreement Infinity Exchange gains Laser Digital investment

Analysis based on this information:

Nomura Securities, a Japanese financial services giant, has reportedly invested in the DeFi protocol Infinity Exchange through its encryption subsidiary Laser Digital. This move marks Nomura Securities’ second foray into the DeFi space after launching a tokenized bonds platform in 2019.

Infinity Exchange, which secured $4.2 million in seed round financing in September 2020 from investors including GSR and Flow Traders, provides users with a decentralized and safe platform for trading digital assets. The platform aims to make DeFi accessible to a wider audience by tackling issues such as high transaction fees and security concerns.

Laser Digital’s investment in Infinity Exchange signals a growing interest in DeFi among traditional financial institutions. This trend is not surprising considering the exponential growth of the DeFi market, which has reached a market capitalization of over $15 billion as of November 2020.

Moreover, Nomura Securities’ investment in Infinity Exchange reflects the growing importance of digital assets and the need for traditional financial institutions to adapt to changing market trends. Digital assets are rapidly gaining acceptance as a legitimate asset class, and more and more financial institutions are starting to offer services related to these assets.

Overall, the investment by Nomura Securities’ subsidiary in the DeFi protocol Infinity Exchange is a clear indication of the growth potential of the DeFi market and the increasing interest of traditional financial institutions in the space. As more financial institutions enter the DeFi space, the industry will become more regulated and will likely attract more institutional investors.

In conclusion, the DeFi market is rapidly evolving and presents a significant opportunity for investors and financial institutions. With the growing acceptance of digital assets and the increasing adoption of DeFi protocols, we can expect to see more traditional financial institutions investing in the space in the coming months and years.

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Nomura Securities’ subsidiary invests in DeFi protocol Infinity Exchange

DeFi agreement Infinity Exchange gains Laser Digital investment

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