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Nomura to form blockchain-based business with LINE, LVC

Nomura Holdings Inc. has signed a final agreement with LINE Corp. and LVC Corp. to form a financial business partnership focused on blockchain technology.

Nomura has completed its investment in LVC following the agreement, according to an Oct. 4 release.

In January, the three companies signed a memorandum of understanding to start discussions on forming a blockchain-based financial business alliance.