【Is Japan’s largest brokerage buckling? Nomura to sell loss-making crypto subsidiary】
Sources say Nomura Holdings is in talks with potential buyers, including Marex, about selling its Zurich-based crypto subsidiary Laser Digital. The company suffered losses amid sharp swings in crypto prices, dragging all of Nomura’s European business into a quarterly loss. No decision has been made yet, and the sale may not go ahead. Laser Digital obtained a Japanese crypto exchange license just this August, and in May received conditional approval for a U.S. trust bank charter. Binance BTC is currently trading at around $73,400.
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