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Nomura Reportedly Considers Selling Its Crypto Unit Laser Digital

(3 hours ago) · 1 source · Summarized by CryptoBipto

Japanese financial giant Nomura is reportedly weighing a sale of Laser Digital, its cryptocurrency and digital assets subsidiary, according to a Bloomberg report. The potential move comes as Nomura's European operations have posted losses for four consecutive quarters.

WHY IT MATTERS

When a major traditional bank like Nomura sets up a crypto division, it signals that established financial institutions see potential in digital assets.

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SOURCES

  • coindesk.com

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Institutional AdoptionTraditional FinanceLaser DigitalNomuraCorporate Strategy