Circle, a global financial technology firm, has teamed up with Japanese financial giant Nomura to focus on the foreign exchange market in Japan. This partnership aims to tap into the country’s substantial FX trading volume, which reaches approximately $440 billion daily, according to CoinDesk.

The collaboration combines Circle’s expertise in digital financial solutions with Nomura’s strong presence and knowledge of Japan’s financial landscape. Together, they plan to develop services tailored to the needs of Japan’s FX market participants.

Japan remains one of the largest and most active foreign exchange hubs globally, making it a key target for firms seeking to expand their footprint in Asia’s financial sectors.