[CoinDesk] Nomura weighs Laser Digital sale as European losses hit four straight quarters

Nomura is exploring a sale of Laser Digital, its digital-asset subsidiary, and has held talks with potential buyers including Marex. The review comes as Nomura’s European business has posted losses for four consecutive quarters. The move signals that Japan’s largest brokerage may retreat from parts of its crypto expansion, which had positioned Laser Digital as a vehicle for trading, venture investing and asset management. A deal would make Nomura the latest traditional finance firm to reassess its digital-asset footprint amid a tough regulatory and revenue environment in Europe. Watch for confirmation of a buyer and the valuation attached to Laser Digital, which will indicate how strategic buyers price crypto businesses after the recent market downturn.