Nomura Holdings invests in Line subsidiary LVC to help develop blockchain financial services

In a notice released on October 4, Nomura Securities' parent company, Nomura Holdings, said that after signing the agreement on September 24, its Line subsidiary LVC invested. Nomura Securities said the joint venture will use blockchain technology to develop financial services. The partnership will leverage Line's large user base (81 million in Japan) along with a mature user experience and Nomura's financial experience and expertise.