Nomura Holdings Pulls Back on Crypto After Q3 Profit Drop

Crypto News Business

Written by Aaron S.,

Editor-In-Chief

Last Updated: February 02, 2026

Key Takeaways

Nomura Holdings will temporarily reduce crypto exposure at Laser Digital after Q3 losses linked to volatile market conditions;
Despite the pullback, Nomura remains committed to digital assets and plans to expand Laser Digital in Switzerland;
The bank’s Q3 profit dropped 9.7% year-on-year, impacted by its $1.8 billion Macquarie deal and share buyback expenses.

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Nomura Holdings Pulls Back on Crypto After Q3 Profit Drop

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Nomura Holdings plans to scale back its cryptocurrency exposure after reporting weaker third-quarter profits, according to a report by Bloomberg Japan.

According to Hiroyuki Moriuchi, the company will temporarily reduce risk at Laser Digital Holdings, which recorded losses during the quarter ending December 31.

Moriuchi noted that recent turbulence in crypto markets has affected the subsidiary’s performance, and Nomura will focus on maintaining stability by implementing stricter position management in the near term.

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Despite the setback, Nomura is not abandoning its digital asset strategy. Moriuchi said the bank’s long-term commitment to the sector remains in place, with plans to expand Laser Digital’s operations in Switzerland once market conditions improve.

In its latest earnings report, Nomura disclosed a 10.6 billion yen loss (about $68 million) from its European operations, which include both crypto and traditional businesses.

Even with this loss, overseas divisions still posted a profit of 16.3 billion yen (about $105 million), a 70% drop from the previous year.

Overall, the bank’s net income for the quarter stood at 91.6 billion yen (approximately $590 million), down 9.7% from the same period in 2024.

This decline was partly linked to Nomura’s $1.8 billion acquisition of Macquarie Group’s US and European public asset management units and expenses related to its share buyback plan.

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