A post by @WuBlockchain on X.
Japan’s Largest Brokerage Nomura Explores Sale of Crypto Unit Laser Digital
@WuBlockchain on X
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The move by Japan's largest brokerage signals a possible retreat from a direct crypto push it launched in 2022, when Laser Digital was set up to offer trading, asset management and venture services. A sale would mark a reversal for a firm that had positioned itself among traditional finance's most committed entrants into digital assets. Terms, valuation and the size of Laser Digital's book were not disclosed. Watch for confirmation of a buyer and whether Nomura retains any crypto exposure through custody or tokenized securities.
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Named in this story
Laser Digital, Nomura Holdings, Marex Group, Bloomberg