This is the trade nobody is watching, Laser Digital just became the first crypto firm to get approved in Japan in four years.
Nomura backing it makes this different. That is not some random startup chasing a license, that is old school Japanese finance putting its name on crypto after four years of saying no to everyone else.
Nobody is pricing this in yet. The kind of money that sat out this whole market because of exactly this regulatory wall is now watching the wall come down. That takes time to show up in price but it shows up.
I am not chasing anything today. Just noting it, because this is the type of news that looks quiet now and looks obvious in hindsight later.
$BTC $ETH
Nomura backing it makes this different. That is not some random startup chasing a license, that is old school Japanese finance putting its name on crypto after four years of saying no to everyone else.
Nobody is pricing this in yet. The kind of money that sat out this whole market because of exactly this regulatory wall is now watching the wall come down. That takes time to show up in price but it shows up.
I am not chasing anything today. Just noting it, because this is the type of news that looks quiet now and looks obvious in hindsight later.
$BTC $ETH