š¦ Nomura weighs selling its crypto unit Laser Digital
Japan's largest brokerage, Nomura, is exploring a possible sale of its Zurich-based crypto arm Laser Digital, Bloomberg reported, and has held talks with prospective buyers including Marex Group. The discussions are preliminary, and Nomura could still decide to keep the unit or sell to someone else.
Laser Digital, launched in 2022, offers institutional crypto trading, asset management and venture investing. Its losses during last year's sharp crypto swings pushed Nomura's European business into a quarterly loss. Nomura's US-listed shares rose 2.3% after the report.
ā A major Japanese bank stepping back from its flagship crypto unit is a sign of how the market slump is testing traditional finance's appetite for digital assets.
#Nomura #LaserDigital #Crypto #Institutional
Japan's largest brokerage, Nomura, is exploring a possible sale of its Zurich-based crypto arm Laser Digital, Bloomberg reported, and has held talks with prospective buyers including Marex Group. The discussions are preliminary, and Nomura could still decide to keep the unit or sell to someone else.
Laser Digital, launched in 2022, offers institutional crypto trading, asset management and venture investing. Its losses during last year's sharp crypto swings pushed Nomura's European business into a quarterly loss. Nomura's US-listed shares rose 2.3% after the report.
ā A major Japanese bank stepping back from its flagship crypto unit is a sign of how the market slump is testing traditional finance's appetite for digital assets.
#Nomura #LaserDigital #Crypto #Institutional
