The new platform, planned to debut by July, will use tools from tZERO and integrate with blockchain firm Figure to offer services such as mortgages and renovation loans.
Ether's plunging price stands in stark contrast to surging blockchain activity, marking a contrast to prior bear markets, company Chairman Tom Lee said.
Europe now accounts for over 40% of global incidents, with France leading at 19 reported attacks, involving home invasions, kidnappings, and targeted personal threats.
It was a relatively small purchase for the company, which now holds 713,502 bitcoin purchased at an average price of $76,052 each versus the current price of about $77,000.
Nomura CEO Hiroyuki Moriuchi said that the company introduced stricter position management to reduce risk exposure and limit earnings fluctuations from crypto market swings.
The payments firm said Luxembourgβs CSSF has granted final Electronic Money Institution approval, moving it from βin-principleβ status to a license it can use to expand Ripple Payments across the bloc.