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Nomura to Invest in Crypto Garage, Signs Memorandum of Understanding toward Joint Digital Asset Custody Business

October 20, 2021

Nomura Holdings, Inc.

Tokyo, October 20, 2021 - Nomura Holdings, Inc. today announced that it has agreed to a third party allocation of shares from Crypto Garage, Inc. (Crypto Garage), a subsidiary of Digital Garage, Inc. providing blockchain financial services.

Crypto Garage offers services to crypto asset businesses in Japan and overseas, including its blockchain related settlement platform, SETTLENET. In June 2021, in accordance with Japan's Payment Service Act, Crypto Garage registered with the Kanto Finance Bureau as a crypto asset exchange, allowing it to act as an intermediary for transactions between domestic crypto asset exchanges and cover companies.

As part of its investment, Nomura will work closely with the company to support the development of the Crypto Garage platform for institutional investors. In addition, Crypto Garage, Nomura and Nomura's joint venture Komainu have signed an MOU to jointly explore providing digital asset custody services to institutional customers in the Japanese market, by leveraging Komainu's digital asset custody infrastructure.

Nomura is committed to helping create a truly enriched society. Through joint ventures BOOSTRY, which offers trading platforms using blockchain technology, and Komainu, a digital asset1 custody business, Nomura aims to build products and services across the digital asset value chain and deliver new added value that extends beyond the traditional boundaries of finance.

1 Assets such as crypto assets and security tokens that are stored and managed using distributed ledger technology.

Nomura

Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

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