Nomura weighs Laser Digital sale as European losses hit four straight quarters
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Nomura is exploring a sale of its digital-asset unit Laser Digital and has held talks with potential buyers including Marex, as its European operations posted a fourth consecutive quarterly loss. The move puts a question mark over one of the largest bank-backed crypto ventures, which spans trading, asset management and venture investing. No valuation or deal terms have been disclosed, leaving the unit's roughly 100-plus staff and its balance-sheet crypto holdings in limbo. The review underscores how European losses are forcing Nomura to reassess non-core businesses even as it keeps a bullish long-term stance on digital assets. Watch for a formal process or confirmation of Marex talks, and whether any sale includes Laser Digital's venture portfolio and trading book or only parts of the business.
Muhabbit's AI wrote this summary in its own words from CoinDesk's report. It can get details wrong, so check the source.
Named in this story
Laser Digital, Nomura, Marex